@ForgottenFlux@lemmy.world to Technology@lemmy.worldEnglish • 26 days agoSpotify has raised prices for the second time in a year, with no new benefits, after its CEO sparked outrage by claiming the cost of creating 'content' is 'close to zero'www.techradar.comexternal-linkmessage-square221fedilinkarrow-up11K
arrow-up11Kexternal-linkSpotify has raised prices for the second time in a year, with no new benefits, after its CEO sparked outrage by claiming the cost of creating 'content' is 'close to zero'www.techradar.com@ForgottenFlux@lemmy.world to Technology@lemmy.worldEnglish • 26 days agomessage-square221fedilink
minus-squareJackbyDevlinkfedilinkEnglish2•26 days agoYou 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.”
minus-square@bolexforsouplinkEnglish1•edit-226 days agoI’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.
minus-squareJackbyDevlinkfedilinkEnglish2•26 days agoI’m just saying there is a difference between “gross profit” and “net profit” because their official financial statement differentiates between it.
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.”
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.
I’m just saying there is a difference between “gross profit” and “net profit” because their official financial statement differentiates between it.