this post was submitted on 21 Jul 2023
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Well, assuming other inflation is pushing prices higher, you'll see it with anything trying to keep "real income" constant. That said, I've never seen the point of using spotify at all so...
No doubt. What gets me is something another person pointed out. You can get almost any premium streaming service for around that price that offers a lot more content than a single music streaming service.
They'll probably be the next to jack up their prices though.
I pay a lot for youtube ad free, but at least I get more than just music with that. For a little more than what I'm paying for that you could subscribe to more than a few movie streaming services.
I'm paying $20/month for Disney+/Hulu/ESPN ad free for my entire family. I'm paying about that for youtube family plan.
My yearly wage increase sure as shit isn't coming close to matching inflation, but that won't stop companies from extracting more and more money from me while paying their employees less because "the state of the economy"... And then they make as much or more while we make less, and pay more.
The entire industry will. It'll be like in 2021 when the world kinda sorta reopened and food and beverage manufacturers basically unilaterally decided to raise prices by 30%.
$12 a year isn't much of a boost, though.
They'll keep jacking up their prices, because of inflation, but they won't pay their employees to match, nobody will. They'll make more, we'll make less, and we'll pay more for services we use, further increasing their profits.
You're right.
That's the way of things in America, because 98% of the voting population votes for it every two years. Too few of us are willing to hold anyone accountable.
Agreed.