

That said, it also doesn’t make sense for labels to give away the farm by making everything available on streaming day and date with album release. The music industry would be dead by now, if not for those things.

I believe that streaming (and iTunes before it) was triage to an industry being killed by piracy. > And what stat is being used to say that this is trending? There are like 8 comments on this made up story. Paying subscribers is only one metric in play here. Profitability remains non-existent for Spotify, which is the reason Wall Street is pushing back on this. Apple has btwn 20 and 25 mln paying subs per Eddy Cue. > Every Spotify announcement of subscribers has blown away expectations and increased the gap with a Apple Music (which this blog never speaks negatively about).ĪnswerYou’re half right. Well-documented, most recently by TechCrunch. > Where is this Wall Street rejection of the IPO?Īnswer: Multiple pull-backs by Spotify based on clear red flags from Wall Street.

> It was $1 billion and that assumes no repayment thus far and no renegotiation of the debt. Where does $1.5 billion come from?Īnswer: Two rounds of aggressive loans, with major poison pills for not IPO’ing in time. > Easy to think that reading made up numbers. Unfortunately, for Android users like myself, you’ll have to go to the main page on your PC. III: How to cancel Spotify Premium on your Android
