I’m on a tear right now and one thing I’m targeting is recurring expenses. I have too many of them and I feel like these companies are taking advantage of me and are too expensive.
My first target is Spotify which I reluctantly cancelled today after being a subscriber since the closed beta.
Spotify changed the value proposition in December 2013 when it changed its middle ($5/month) pricing tier from the ability to choose individual artists and tracks to a “radio” format – like Pandora uses. In other words, instead of being able to listen to specific artists, albums and tracks you now can only pick an artist and genre and listen to random track that some algorithm picks.
To make matters worse, Spotify doesn’t even technically offer the middle/$5 tier, unless you threaten to cancel your account. The company’s pricing page only lists Free (a.k.a. Ad, Ad, Ad) and Premium ($10/month).
Spotify’s December bait-and-switch move had the effect of forcing subscribers in it’s $5/month tier to its twice-as-expensive $10/month club (plus tax!).
I canceled my jive today because:
- I already pay for SiriusXM in my car and I have the bundle that includes Internet access (hence all the “genre” listening I want), and
- I already pay for Apple’s iTunes Match service, which at only $25/year works out to a little more than $2/month (are you listening Spotify?)
Companies that change the game, spin it as a positive (free listening on your mobile!) deserve what’s coming to them and I have no pity for the bloodsuckers at Spotify.
Good luck with that.