Re:Spotify Will End Service in Uruguay Due to Bill Requiring...
by smugma on Thursday November 23, 2023 @11:30AM
(#38394506)
*They were profitable last quarter.
They’ve never made an annual profit.
Spotify is reluctant to raise prices because it is still focused on growth and also, raising prices doesn’t really improve its margins (it has 75% COGS).
They’ve never made an annual profit.
Spotify is reluctant to raise prices because it is still focused on growth and also, raising prices doesn’t really improve its margins (it has 75% COGS).