Digital Music News are losing the plot: Streaming Services Look Strong

When I read DigitalMusicNews it just seems they are trying to cause controversy. There most recent article was about Music streaming and how they dont have hope in the music streaming business model.

I’m sorry: I want to be open-minded, I’m trying to be part of the future. But was is that future, exactly? Unless something changes drastically, I’m not sure it’s a very rosy one.

I think you are all missing the point here. Spotify is in user acquisition stage, which means they are going to lose money as they have huge capital to back them up. The best sign is that revenues are rising fast and proportionately against losses it looks very good for them as a business.

Pandora is in a much tougher spot, because they are locked to the USA, which means they only have limited revenue growth potential. Pandora needs to think about how they are going to expand internationally or they are going to be forgotten.

pandora and spotify music streaming stats revenues

Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

Spotify Offering 3 Months of Premium for 99 Cents

Spotify are getting into the festive spirit by offering users in the US free months of their premium tier for just $0.99. From now until the 31st of December you can get a Spotify Premium…

Pope Francis Releases His Prog-Rock Album First on Deezer

It’s official – the 266th Pope of the Roman Catholic Church, Pope Francis, is a Deezer geezer. Pope Francis has released his long awaited “prog-rock” album and, until it’s official release today, had it streaming exclusively…