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Spotify not raising prices reveals ‘competitive weakness’: Analyst
Spotify’s (Location) choice not to raise costs on its U.S.-centered quality membership system speaks volumes about the audio streaming giant’s deficiency of pricing energy. At minimum in accordance to a person bearish analyst. “[It’s] a strategic perform. It speaks to the relative aggressive weakness of their company as opposed to these larger firms that have greater, much larger platforms that deliver a great deal far more to the table,” New Constructs CEO David Trainer explained to Yahoo Finance Reside, referring to the latest rate hikes from both Apple Tunes (AAPL) and YouTube Quality (GOOGL). “Firms like Google and Apple are creating tons of money. They can manage to eliminate a…