channelblond
Banned
Spotify is very connected to the industry. I believe most of the majors have shares in Spotify
Jimmy Iovine Says "Streaming Services Aren't Making Any Money''
- Thread starter BK The Great
- Start date
Spotify is very connected to the industry. I believe most of the majors have shares in Spotify
Artificial Intelligence
Not Allen Iverson
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Fortunate Lee
Superstar
Streaming services are the only reason I’m “payin” for most music I listen too. If it wasn’t for that I’d be downloading it for free 
I can’t see how this hasn’t helped the music industry overall. How many nikkas was buyin cds from stores before this? Outside of my favorite artists, I wasn’t payin for shyt nor checkin for most of these clowns.
The industry better be glad these services are here and help keep em afloat because I have little issue with goin back to not payin and I’m sure they’re are others in the same boat
I can’t see how this hasn’t helped the music industry overall. How many nikkas was buyin cds from stores before this? Outside of my favorite artists, I wasn’t payin for shyt nor checkin for most of these clowns.
The industry better be glad these services are here and help keep em afloat because I have little issue with goin back to not payin and I’m sure they’re are others in the same boat
Fortunate Lee
Superstar
Because they have to pay the music industry dummyYea but they lost $600 million last yearso....
Ain’t shyt for free Spotify has guaranteed to pay big music labels billions over the next two years - Recode
Artificial Intelligence
Not Allen Iverson
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channelblond
Banned
They've been always been paying billions to the music labels. There just trying to renegotiate their licensing deal with the major labels, to stop the labels from fukking them too harshly.
Fortunate Lee
Superstar
Jimmy greedy ass is eatin well thoDuh.. thats why its it not profitable which was my point in the first place bruh
which is what this thread is about lol
Piff Perkins
Veteran
Labels are doing all types of fukkery with Spotify to make money, including pumping fake music on the site. The problem is that Spotify has no long term strategy. They aren't making money and bigger sharks with infinite cash resources are moving in. Jimmy's comments about Amazon almost sound like a veiled threat to me. I've long wondered why Amazon doesn't move into the streaming business. They could simply be waiting to see how long it'll take Apple to get a foot hold in the market. Seems like an inevitable move. Or they could simply buy Spotify...
There's money to be made in streaming for labels, and they seem happy about it. And there's money to be made for big corporations who have the money to back it, without fear of losses or profit (like Spotify/Tidal). The unfortunate thing is that you can already see how consumers will lose out, in terms of album or even artist exclusives. A future where corporations purchase exclusive rights to music catalogs is not a future I want, but we're trending that way. If I had to bet I'd say U2 will be an Apple exclusive in the near future.
Spotify generated will generate close to 7-8 billion in revenue this year, which is more than UMG.
They are on an offensive growth strategy campaign, fighting to retain and increase their market share. Getting dumb offices, purchasing companies, getting top employees and on. Twitter just turned profit for the first time ever in q4 2016. Spotify's loss is even increasing, because money is cheap and it's a good time to make serious investments.
When they get comfortable, they will start generating profit. It's not as if companies are valued to $13bn by banks and investors if they don't think that they will get a positive return from their investments.
They are on an offensive growth strategy campaign, fighting to retain and increase their market share. Getting dumb offices, purchasing companies, getting top employees and on. Twitter just turned profit for the first time ever in q4 2016. Spotify's loss is even increasing, because money is cheap and it's a good time to make serious investments.
When they get comfortable, they will start generating profit. It's not as if companies are valued to $13bn by banks and investors if they don't think that they will get a positive return from their investments.
Kilgore Trout
Banned
Yup
As long as Spotify remains free people like me will still be reluctant to fork over 20 a month to apple.
He should have said artists aren’t making money from streaming services
jimmy is good
jimmy is good
