Spotifylossprofit

Spotify’s Road To Profitability

Spotifylossprofit

Spotify is one of the biggest names in streaming, but that doesn’t mean it’s profitable. In fact, it could be a while before that happens. In a new article on ┬áthe fantastic MusicBusinessWorldwide.com (MBW), Tim Ingram lays out three ways that Spotify can make that transition into profitability; pay less in royalties, watch the pennies very closely, and/or make the free-tier pay. All of those are, of course, tougher than they sound.

Ingram’s article is packed with great insight and analysis — he’s even got a copy of Spotify’s Consolidated Income Statement filed in Luxembourg. Give “How Spotify Can Become Profitable” a read over at MusicBusinessWorldwide.com

 

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