why is Spotify a loss making enterprise? Where did they mess up?

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why is Spotify a loss making enterprise? Where did they mess up?

In: Economics

4 Answers

Anonymous 0 Comments

Total recorded music revenue is currently half of what it was in 1999, but everyone still wants to make as much money as 1999.

In 1999 $9.99 or so would get you like 12 songs to listen to on an album. Nowadays it will get you access to several million songs.

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