I find Spotify relatively expensive in comparison to say Netflix. It takes far more capital to record a movie then it takes to record music. The same is true for storage and streaming. Yet, Netflix subscriptions are much cheaper than Spotify and Netflix is far more profitable. Spotify's business model is simply broken.
Spotify needs to pay ~70% of the revenue as royalties, Netflix started their own productions to not have to disburse in royalties (and the quality suffered).
Netflix was the first ever streaming service I canceled the subscription without feeling I had lost anything, after more than 10 years as a paying subscriber their quality declined so much I didn't care about it at all. It's been 3 years and I never thought about subscribing again.
