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Spotify pulls out of Uruguay now that copyright laws have been changed to require “equitable remuneration” for artists.” https://www.nme.com/news/music/spotify-to-pull-out-of-uruguay-after-bill-demanding-fair-pay-to-artists-3545493
@confidential_lf which very much suggests that their business model was never viable.
@gshevlin I think the model could be viable, but corporate greed often gets in the way and the desire to grow profits/company value is prioritised over basically everything
@confidential_lf I'm not sure you could sum up their business model more succinctly than that.