Tag: Spotify

SPOTIFY IS UNSTOPPABLE

From Variety:

“For the fourth quarter of 2023, (Spotify) reported revenue of €3.67 billion”

That’s $3,946,534,500 in US dollars. Oh, and they added “28 million total monthly active users overall, to reach 602 million.”

In one quarter.

And you’re still posting “check out my new song” on Twitter, or wasting your time publically shaming a company that made almost $4 BILLION in one quarter.

They’ve no shame, they’re rich. They do what they want.

The question is this: what’s our next move?

“If not Pitchfork, with more daily visitors than Vogue or Vanity Fair or the New Yorker – or GQ – then who in music journalism can possibly thrive in this economic environment. And if no one can… then all we’ll have left are streaming platforms, their algorithms, and the atomized consumer behavior they push on us. A self-checkout counter for music, with a scanner going beep – beep – beep –”

Damon Krukowski