Spotify and streaming bring $1 billion to the music industry, but can it last?

Three quarters of Spotify’s users do so on a free basis and put up with the adverts, while the rest pay £10 or $10 a month for the premium service. But those takings are dwarfed by the payments being made to the industry itself, leaving Spotify with annual losses in 2012. If the company is anxious about the numbers, it isn’t showing it. - Ross McGuinness, Metro.co.uk

http://ift.tt/188j1lX

via/Facebook .com/StreamingTV.us

via/Twitter: @StreamingTVus