My dad was a C-suite at a major telecom company. The CEO also had a private plane that the company would then pay him to use lol. This was like 20 years ago and thought it was a bit shady back then.
While I agree with you, I wasn’t going into the specifics of Spotify. Apple Music, tidal, etc all do the same thing.
I think we’d all like non-profits doing this stuff since the content creators get more and we pay less. Maintaining a platform like that without profit isn’t going to attract a whole lot of talent unfortunately.