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Re:Confirmed: Twitter switched temporarily to rate limited mode by stubybubs on Saturday July 01, 2023 @02:48PM (#36553656)
I think this is going to be known as "the Millennial subsidized lifestyle era." Not that it was exclusively used by Millennials, but it's largely what they grew up with.

AirBnb was maybe the worst of the bunch, because it has such a dramatic negative externality on housing markets. Entire areas of Barcelona have essentially no real residents because even those who didn't sell to AirBnb investors found it unlivable with drunk tourists screaming around the apartment buildings at 3 am. I stopped using AirBnb because it was making it enjoyable to visit other cities, but destroying my own. It's also a lot more expensive for fewer amenities.

Spotify hasn't made any money yet. I wonder if they're going to start charging $30/month. Time for the return of CDs, vinyl, MP3s?

Re:Confirmed: Twitter switched temporarily to rate limited mode by user_named on Saturday July 01, 2023 @03:40PM (#36554227)
Try bandcamp
Re:Confirmed: Twitter switched temporarily to rate limited mode by PokestarFan on Saturday July 01, 2023 @04:56PM (#36555113)
How does Spotify lose money? Audio isn't nearly as big as video files. Likely they are just going to make the free tier absolutely suck.
Re:Confirmed: Twitter switched temporarily to rate limited mode by raverbashing on Saturday July 01, 2023 @05:31PM (#36555454)
Are they still paying exorbitantly for podcaster exclusivity?
Re:Confirmed: Twitter switched temporarily to rate limited mode by PokestarFan on Saturday July 01, 2023 @05:37PM (#36555525)
Oh yeah, podcasts. I honestly don't know why they're so desperate on attracting people for podcasts. Podcasts are much more unprofitable compared to normal music
Re:Confirmed: Twitter switched temporarily to rate limited mode by kjkjadksj on Saturday July 01, 2023 @06:17PM (#36555900)
Probably harder to cut a good deal negotiating with the legal team of capital records vs a random podcaster.
Re:Confirmed: Twitter switched temporarily to rate limited mode by stubybubs on Saturday July 01, 2023 @08:05PM (#36556690)
Estimated $200M for Rogan. I mean... did that really move the needle for them? Who thought, yes, they have practically every piece of music I want to listen to, but it's the Joe Rogan thing that made me finally sign up.

The graph of subscribers shows really no change in the rate of subscribers:

https://www.statista.com/statistics/244995/number-of-paying-...

Probably just more stock-pumping ZIRP big exit nonsense.

Re:Confirmed: Twitter switched temporarily to rate limited mode by peruvian on Saturday July 01, 2023 @06:35PM (#36556058)
They pay the record companies a lot of money to have their music on their platform.