People are paying 5x that much for Spotify, and they have never made a cent of profit. If companies can be profitable with just subscriptions, they wouldn't ne

People are paying 5x that much for Spotify, and they have never made a cent of profit. If companies can be profitable with just subscriptions, they wouldn't need to sell ads. And yet the NYT, FT and WSJ blanket their subscribers with just as many ads as they do for non-subs.