Spotify announces price hike, right after CEO enrages music fans by claiming the cost of creating 'content' is 'close to zero'
www.techradar.com
The latest price hike couldn't have come at a worse time
  • JackbyDevEnglish
    2•10 months ago

    You may need to realign your usage of phrases. Their 2024 Q1 financial statement has a line for “gross profit” and “net income/(loss) attributable to the owners of the parent.”

    • @bolexforsoup@lemmy.blahaj.zoneEnglish
      1•10 months ago

      I’m going off the number from the article that your dude linked. The guy said “€58 million in profit.” Totally possible he’s wrong though.

      • JackbyDevEnglish
        2•10 months ago

        I’m just saying there is a difference between “gross profit” and “net profit” because their official financial statement differentiates between it.