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Re:Apple Music Announces Spatial Audio and Lossless Audio by lozf on Monday May 17, 2021 @04:11PM (#27187854)
Spotify may not, but parts of their available catalogue do disappear, depending on licensing deals.
Re:Apple Music Announces Spatial Audio and Lossless Audio by fullstop on Monday May 17, 2021 @04:48PM (#27188262)
Yes, this happens once in a blue moon. I've bought one album because of this, and the content returned to Spotify within a few weeks of its departure.

It is still, for me, a cheaper and more flexible option despite licensing squabbles. It also gives me the opportunity to find new artists and give albums a few listens before deciding on whether or not they do it for me.

My views are USA-centric, perhaps licensing issues are more prevalent in other countries.