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Joined 2 years ago
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Cake day: June 17th, 2023

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  • They are a public company that was $4B negative free cash flow last year. The employees get paid, but I’d love for you to describe the mechanism where a board member derives value when the stock has tanked over the past two years unless you are saying that they are shorting it, which would be public information and get them kicked off the board typically.



  • porkins@sh.itjust.workstoTechnology@lemmy.worldSpotify re-invented the radio
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    2 years ago

    Spotify is not profitable nor ever has been. It accrued $4B in additional debt last year. The business is subject to high royalty fees. As a competitor, I just leave free Spotify running all day on mute since they lose money from every subscriber. The royalties are the same whether they make money or not on the customer. It is wise of them to more aggressively convert people to paid plans, but I’m sure that their margins are razor thin.








  • A shill for my own opinions perhaps. I just don’t feel that it’s right that I had to suffer high government interest rates then moved to a low private interest rate during the pandemic when the loans were going to turn on again and now have the current administration tell me that I will not qualify for their relief schemes because I made smart fiscal decisions more recently. I say on the high interest rate government loan for many years and deferred many luxuries including having children. I should have privatized a long time ago, but interest rates were never as low as during the pandemic. Privatizing wasn’t the issue. The issue is the government picking and choosing who is eligible for relieve using arbitrary information. I should get a check that takes into account my payment history on my once public loan. Also, higher institutions need a crackdown on tuition. Many universities are spending money frivolously because they can get huge payouts from these government loans. If the university has to start assuming some of the risk of the student’s default, I think that they will change their tune.



  • I had an almost 8% predatory government loan for many years. I refinanced during COVID at a low percent. The damage was already done. People call my move to private my relief, but I already suffered by the hand of the government, so if they help everyone else for not listening when they said they were going to start them back up again two years ago, it would be bullshit. That is what they intend to do though because apparently people like me should go fuck off for removing myself from a predatory government lending system. I don’t believe just some people should get helped. Especially when many people were hurt over time and only now improving.



  • I simply find that when I am logged into YouTube with my same account that purchased YouTube TV I receive no ads. I am not using an add blocker or anything. I assumed that was because of my purchase of YouTube TV. It might be a bug with my account because I still get a splash occasionally to buy premium, however no ads ever.


  • porkins@sh.itjust.workstoTechnology@lemmy.worldComing to you soon...
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    2 years ago

    Or, you could buy YouTube TV, which gives you YouTube Premium as a undisclosed bonus I’ve found. A great option because it helps content creators and allows you to cut cable. I may have some bias on the topic of paying for media content services, but in general pirating hurts the creators. I hate that I’m old and wise enough that I might have been more receptive to Metallica’s arguments during the Napster era. I do feel though that it is in the best interest of creators for certain content to be previewable. The problem with YouTube video monetization are that most are not going to be rewatched.