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TechCrunch Minute: Spotify’s move to paywall lyrics is putting pressure on free users
- Spotify is putting lyrics behind its paid service wall, pressuring free users to convert.
- The move is an attempt by Spotify to increase revenue as it largely relies on paid accounts.
- While it may disappoint budget-conscious users, Spotify hopes to gain more paying users.
- The company needs to boost its gross profit to maintain its position in the music industry.
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