C
Chris Mills
Guest
Spotify is still sitting pretty atop the pile of music streaming services. Sure, Apple Music has had a not-terrible launch with millions of subscribers on board, but it's still a long way away from Spotify's 100 million subscribers.
But the numbers get a little worse for Spotify when you start looking at paid subscribers. Spotify has a little over 40 million paid subscribers, meaning the majority of its customers are on the free tier. That's bad for Spotify's bottom line and its deals with music companies, and makes maintaining Spotify's extensive music library surprisingly difficult.
Continue reading...
Trending right now:
- This might just be the completely redesigned iPhone 8 of our dreams
- Oh good, Samsung found a way to ruin the Galaxy S8’s gorgeous design
- The only Samsung phone more exciting than the Galaxy S8 might not launch this year
Via BRG - Boy Genius Report