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Spotify bleeds money just like all the other streaming services and is kept alive by dumb investors that think, it will be someday profitable. Maybe they should stop trying to push so hard for podcasts and focus on their core business.
Their core business is built on record labels that always want more and more money until Spotify collapses.
It’s kind of funny how the modern narrative around music streaming never mentions record labels, who in all honesty are the ones who always have been screwing over artists.
Tells you who is doing most of the “talking”
