Spotify’s Ongoing Search for Profitability
Every few months, Spotify seems to go through a PR fiasco that leads to people saying the company has a toxic culture. The Joe Rogan saga created a wave of pushback that Spotify was incorrectly putting its thumb on the moderation scale. Due to periodic battles over payments to artists, Spotify has a reputation of being hostile to artists. Earlier this week, Spotify took on heat for announcing a substantial round of layoffs right before the holidays. These developments share something in common – each is rooted in Spotify’s desperate search for profit.
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