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Why Spotify's Business Model Is in Major Trouble

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Why Spotify's Business Model Is in Major Trouble

There is no money coming in for Spotify, even though it is the most popular music streaming service in the world. Their way of doing business is bad. The tech giant rushed into tight spots while trying to make the worst parts of their bad business model work for them. For example, they wasted $1 billion on podcasts and raised the price of subscriptions every month. Many people have been fired, and more. In this video, we will look at some of the reasons why Spotify is having a hard time.

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posted by bljedilam3