Spotify's global expansion hits a snag

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Spotify, a company worth $23 billion, has come out on top of the streaming wars, and yet it’s never made a profit. Daniel Cohen joins Malin to discuss the history of the platform and how it's changed the way music is made and listened to, and the strangeness of streaming culture, ...  Show more

Want to discover the songs and musical artists you streamed most in 2021? If you use Spotify, their popular Wrapped feature has arrived.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. 

Spotify is the world’s biggest music streamer, but rarely turns a profit and just cut 17 percent of its workforce. Its business model looks increasingly precarious. Thanks for listening to WIRED. Talk to you next time for more stories from WIRED.com and read this story here.