Quote:
Originally posted by fireaero
Weren't people saying that Spotify was unsustainable and wasn't making a profit? If this is true, maybe competition will lower the Spotify user count and make it fall apart  Or maybe this isn't true idk 
|
I read that Spotify is valued at over a billion dollars, which is why they're able to get funding easily. There is a lot of potential there, and streaming is the future, so the value will continue to increase, but they haven't made a lot of profits. Apple, Facebook, and Amazon are all gigantic, multi-billion dollar companies, so I think it would be best for Spotify to team up with Google/YouTube/Google Play to really lead the streaming services.