"bandwidth from a multibillion, multinational corporation" that started out as a frontend for the pirate bay. They were probably friends, as both are from Sweden.
So they started out pirating music and then decided they want to get rich from stolen culture while giving nothing back.
That is taking the whole pirate meme a bit too literally.
Their Beta yeah, but the vast majority of their wealth is built on venture capital where they give many things back. It's a very popular service that musicians want to be on. Neither popularity nor musicians would happen if they didn't give anything back.