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Spotify has always operated at a loss. They lost 40 million dollars last year. If they implode it will be due to economics not sympathy for musicians.
by rdouble 15y ago
Spotify has always operated at a loss. They lost 40 million dollars last year. If they implode it will be due to economics not sympathy for musicians.
- PLejeck 15y agoOuch, their record label contracts must be AWFUL.
- rdouble 15y agoNot sure why you were downvoted. They are awful, that is why they are losing money.
- mongol 15y agoWith 2.5 million paying users, they should have revenues around 300 million USD per year. If they can not make money on this they should at least be close.