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In 2017, Spotify was preparing to launcha hi-fi music tier.
And now, seven years later, Spotify is preparing to launch a hi-fi music tier.
It’s just not improving the sound quality.
Spotify’s big love isn’t music.
And it sees podcasts as the prime driver of that growth.
The reason we don’t have Spotify Hi-Fi is because it’s no Joe Rogan.
The latest official quarterly financials make Spotify’s position clear.
Monthly active users are up.
Spotify’s profit margin is a record-breaking 31.1%; its operating income is breaking records too.
But I think it’s sad that it doesn’t seem to want to do it either.
