Spotify continues to operate at a loss due to expensive royalties and revenue sharing with music label partners, but the Swedish company expects to eventually become profitable through continued subscriber growth.
Sheesh! How the heck many subscribers do they need before they turn a profit? Thirty million isn't enough? That sounds to me like there's something wrong with their business model.
As for Apple Music, I just can't bring myself to pay $10 a month for millions of songs I probably won't listen to. I love iTunes Match, though; it's gotten me to listen to (and download) music again. And I like the Genius feature; it seems to create uncanny mixes -- and given my eclectic tastes in music, that's saying something. Wasn't the whole idea of the iPod that I could listen to MY music MY way? Apple Music seems to be moving in a different direction.