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Why not? Ads are enough to pay the licensing costs for radio stations, which have higher distribution costs and worse economies of scale than Spotify.
by dmurray 6y ago
Why not? Ads are enough to pay the licensing costs for radio stations, which have higher distribution costs and worse economies of scale than Spotify.
- kzrdude 6y agoFigures say they don't make up for the difference, subscription fees are 90% of the income > Spotify’s Premium subscriptions, which still account for the majority (~90%) of its revenues, grew by 17% to reach €1.76 billion in the quarter https://techcrunch.com/2020/07/29/spotify-users-are-streaming-again-but-ad-revenues-still-suffer-due-to-covid-crisis/ https://techcrunch.com/2020/07/29/spotify-users-are-streamin...