make that 40,000,001 because I'm about to buy a subscription
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Originally posted by musicman101
That's great and all, but 60% of their users still don't pay for it On top of that, there's Overlord YouTube, which is 100% free and pretty much squashes them all....
I honestly don't see streaming being a very sustainable business model... The record companies are going to get greedier, while the streaming services are also going to try to pay them less...
An interesting read. Also, last year, 89.9% of Spotify's revenue comes from the paying subscribers. That means only a mere 10.1% is coming from ads
It's the best numbers compared to most streaming services.. and I don't think they have to compete too much with YouTube. I've always seem them as different..
Regardless of how many people aren't paying for it, you have 40 million people paying approx $10 a month. That's $400 million a month they are raking in!
SLAY right now I still have Apple Music cause I have an iPhone and it makes sense for me but when I upgrade to Android, I'm coming back to the real KING