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Spotify's Loss More Than Doubles Even as User Growth Surges - Bloomberg www.bloomberg.com
Spotify went up 50% in sales to $3.1B in 2016. Doubled users. 50M paying. 90M free. 140M total. For end of 2016 I assume. However 90% of revenue is from paying customers. Advertising did also go up 50% but being just 10% is weak af. They must be losing a lot of money on free users because of the payouts they'd have to be doing. They need to curtail free user features more soon. #media_companies #music #music_industry #spotify #streaming #pub
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The Major Labels Are Trying to Sell Spotify for $10 Billion, Sources Say - Digital Music News www.digitalmusicnews.com
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This Is Quite Possibly The Spotify Cap Table | TechCrunch techcrunch.com
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Revenge Of The Record Labels: How The Majors Renewed Their Grip On Music www.forbes.com
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Behind the music: The real reason why the major labels love Spotify | Music | The Guardian www.theguardian.com
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Storm Is Coming to Music Industry — With $100 Billion at Stake – Rolling Stone www.rollingstone.com
music big three #music #big_business #music_streaming #music_industry #revenue #valuations #mergers_and_acqusitions #pub
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