Monday, September 10, 2012

Streaming Music: Hard to Make a Profit

Just came across this interesting post from Statista and a story that covers the same topic from Digital Music News. The chart below demonstrates that streaming services are making a net loss and that overall, despite their revenue, there remains significant financial pressure that could threaten their viability long term. This does not look like a good picture, especially for Spotify, who has incurred an increasing loss over the past few years:

You will find more statistics at Statista

Further Reading
Statista, Will Music Streaming Ever Be Profitable? (29 August 2012) < > at 10 September 2012

Digital Music News, I Took One Look at This Graph. And Suddenly Lost Hope for Streaming Music... (5 September 2012) < > at 10 September 2012   

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