What’s funny is that it’s also probably an internal security risk as well. I mean who knows, there’s probably at least one of their internal servers that still accepts credentials or keys from the dead domain. Not to mention their emails probably aren’t transferred.
All of that could be fixed but you’d have to, ya know, not fire your programmers.
They’re reporting 1.00 billion in gross profit as of Q1 2024 so yeah, they make money. It’s kind of impossible to compare much though since they’re the only freestanding music competitor that’s popular.
The closest comparison I can make is using Apples reported figures of making around $9.2 billion in revenue for its 93 million user base.
Meanwhile Spotify is making around 2.63 billion in revenue for its near 3x subscriber base estimated around 240 million. So I wouldn’t say they’re not making money, but maybe you can see why they think they can squeeze a lot more. Best to just unsubscribe honestly, they’ll keep doing this