Can somebody explain this to me like I’m 5? What have they done differently this year?
It’s got a lot of red to make up.
It’s bonkers to me to think I’ve been a subscriber since… 2012 I think? Damn.
Every other month I think of unsubscribing, too.
Amazing that anyone left of Hitler uses Spotify given they prop up that Nazi Joe Rogan and of course Trump. Apparently ripping off artists wasn’t enough.
They also raised prices across the board this year, which is why I’m no longer a subscriber.
I recently bit the bullet and stopped using Spotify. It really sucks seeing that it still has such a stranglehold on people despite the quality of the service going downhill and the disrespect they have for small artists.
Stock’s up 134% since I bought it in January and 52% since I bought it again in July!
![[OC]Spotify Earnings by Year - 2017-2024Q3](https://www.europesays.com/wp-content/uploads/2024/12/s8iya6a03w5e1-1920x1024.png)
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Source: [https://investors.spotify.com/financials/default.aspx#annual](https://investors.spotify.com/financials/default.aspx#annual)
Tools: Figma
We’ve got more charts on our Substack here:Â [https://genuineimpact.substack.com/](https://genuineimpact.substack.com/)
Can somebody explain this to me like I’m 5? What have they done differently this year?
It’s got a lot of red to make up.
It’s bonkers to me to think I’ve been a subscriber since… 2012 I think? Damn.
Every other month I think of unsubscribing, too.
Amazing that anyone left of Hitler uses Spotify given they prop up that Nazi Joe Rogan and of course Trump. Apparently ripping off artists wasn’t enough.
They also raised prices across the board this year, which is why I’m no longer a subscriber.
I recently bit the bullet and stopped using Spotify. It really sucks seeing that it still has such a stranglehold on people despite the quality of the service going downhill and the disrespect they have for small artists.
Stock’s up 134% since I bought it in January and 52% since I bought it again in July!
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