4 ms·
And on a long term, more profitable probably. We won’t see Spotify disappearing for a while.
by snypox 7y ago
And on a long term, more profitable probably. We won’t see Spotify disappearing for a while.
- lotsofpulp 7y agoSpotify rents music that it itself rents from 3 companies that own most of the music. Why would those 3 companies not just raise their rents if Spotify starts making a decent profit? Spotify has been around since 2006 and just eked out a tiny profit last year. Unless they plan on owning music themselves, I don’t see why the music owners wouldn’t try to capture most of the profit.
- chiefalchemist 7y agoOr. Flip that over. What happens to the music owners if one of their primary distributors goes under?
- lotsofpulp 7y agoAs long as Apple, Google, and Amazon are willing to forgo margins on music, not much.