Spotify has 100M subscribers

[Musicophile]

Spotify crosses 100m users

 

Apparently, less than 1/3 are willing to pay for this, so Apple Music 15M users doesn't look to bad in comparison.

 

Obviously, both Tidal and Qobuz lossless subscriber numbers are peanuts in this regard.

[Audio_ELF]

There is a telling statement in there though...

 

Despite the rising revenues, Spotify's losses rose by 10 per cent to €173m, prompting questions about the sustainability of its business model.

[Musicophile]

There is a telling statement in there though...

Despite the rising revenues, Spotify's losses rose by 10 per cent to €173m, prompting questions about the sustainability of its business model.

Agree, the so-called "free" model should probably be left to radio stations.

[oso]

There is a telling statement in there though...

Despite the rising revenues, Spotify's losses rose by 10 per cent to €173m, prompting questions about the sustainability of its business model.

where did you read that?

[Musicophile]

where did you read that?

 

It's in the article I linked to.

[master]

Enough reason to note that numbers don't mean a thing and in business first get rid of the freeloaders.

 

Obviously, both Tidal and Qobuz lossless subscriber numbers are peanuts in this regard.

 

In a way Tidal and Qobuz would be having it easier in terms of overheads, b/w, server requirements, etc. A penny saved is still a penny earned.

[Musicophile]

Enough reason to note that numbers don't mean a thing and in business first get rid of the freeloaders.

 

 

 

In a way Tidal and Qobuz would be having it easier in terms of overheads, b/w, server requirements, etc. A penny saved is still a penny earned.

 

I don't know the numbers for Tidal, but at least Qobuz has yet to earn a penny, given that they went bankrupt end of last year.

[master]

I don't know the numbers for Tidal, but at least Qobuz has yet to earn a penny, given that they went bankrupt end of last year.

 

To my knowledge none of them are making any $$$, not even Tidal. But a large part of that could be because most of the earnings go to the studios, leaving very little for the artists and the service provider.

[Musicophile]

To my knowledge none of them are making any $$$, not even Tidal. But a large part of that could be because most of the earnings go to the studios, leaving very little for the artists and the service provider.

I'm kind of wondering if Apple may be the only one making money.

 

They have at least the best basis for making money:

 

They already had all the existing relationships with the studios, just needed to expand the contracts to streaming. They have a huge installed base of Itunes and Iphone users and relatively limited promotion cost for the new service (plus the press is writing about Apple does anyhow). The app development cost is part of the overall iOS and MacOs development efforts. Finally, they only focus on paid subscriptions.

 

Unfortunately, we'll probably never know.