Posted on Jan 27, 2025 at 13:54 by scott truitt
We’re not even playing the same game.
Duetti’s 2024 music economics report prompted a nonsensical, fact-free retort from Spotify on Friday, and I’ll bet that was because of these two damning details: 1. Spotify lost a meaningful 2% market share to YouTube, including a 17% shift in electronic music alone in 2024. That’s at odds with the story it tells investors about its runaway growth. 2. Spotify paid 14% less per stream since 2021, even after increasing subscription fees by 20%. That’s at odds with the story it tells artists and
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