And half of those subscribers are doing the 3 month free trial...
You really framed it perfectly.
I can't understand how Spotify will inevitably become profitable. Even with X million more subscribers, it doesn't appear they can turn a profit after many years. They're not like Amazon, who has other services and products to offer, which help offset operating losses from their online retail segment.
I think Spotify will be left with no choice but to be bought out, or will become obsolete when some future music service offering trumps steaming (like CD's did to cassettes, iTunes did to CD's, and streaming did to iTunes).
I would love nothing more than for Apple to acquire Spotify (I know, most of you will cringe). Apple's UI and integration with Spotify's discovery algorithms would be unstoppable. Plus, Apple has cash to blow.
I can't understand how Spotify will inevitably become profitable. Even with X million more subscribers, it doesn't appear they can turn a profit after many years. .
Better integration with what, the AW? Other than that...I have had both for two years. I can't decide which one to cancel. Apple Music has better integration, but I like the Spotify app more.
Well summed up.Until Apple Music stops trying to spam hip-hop/rap down my throat as endlessly as they do their iOS updates then I'll stick to anything else.
There hasn't been a single Apple Music ad broadcasted on any channel (TV and Internet) in Poland.Not really a fair comparison at all. Apple has been in the online music business for 15 years now. They didn't need to ask for anybody to fill in any information to sign up - Apple already has your name, address, credit card, and email address. They didn't need to ask you to download an app. Literally all you had to do was update to a newer version of iOS (which was automatically downloaded and older versions would nag you to install), launch the stock music app, and tap to have your trial begin. If you forgot about it, you'd be automatically converted into a paying subscriber. And they had a massive and widely covered media event to launch the service, followed by a massive campaign ad.
In contrast, Spotify needs to convince you to find the app, then download it, then set up an account, then fill in all your payment info to upgrade to a paying account. And Spotify doesn't have media events (or if they do, they're not widely covered), and the ad campaign hasn't been anywhere near as massive.
Why the direct listing instead of IPO, because they just can't afford the fees? Is that fishy? Not meant to be a rhetorical question, just asking.
With Siri or CarPlay for example : )Better integration with what, the AW? Other than that...
I have had both for two years. I can't decide which one to cancel. Apple Music has better integration, but I like the Spotify app more.
I wish Apple had bought Spotify 3 years ago. They could probably have got it for five billions back then. Apple are sitting on over $200 billion. They got to use it for something.
And wasn't Apple about having the best products.
Spotify isn't profitable. They lost more than $500 million last year and over $600 million the year before. The chances they'll be able to satisfy shareholders is very very slim.
Spotify already pays artists less than any other music service (almost 1/2 what Apple Music does). While they may be the biggest and be able to use that to their advantage when bargaining, they're at a point where artists and music companies could turn them down should they ask for even lower rates. If that happens, they'll continue to bleed money and die in the next couple years.
I just don't understand why Apple supporters have such a "Spotify has to die!!!!" mindset.
How about existing libraries? I have 5,000 songs I've had for 10-20 years that would go "poof" on Spotify since they have no official easy way to integrate into existing libraries.Better integration with what, the AW? Other than that...
Spotify isn't profitable. They lost more than $500 million last year and over $600 million the year before. The chances they'll be able to satisfy shareholders is very very slim.
Spotify already pays artists less than any other music service (almost 1/2 what Apple Music does). While they may be the biggest and be able to use that to their advantage when bargaining, they're at a point where artists and music companies could turn them down should they ask for even lower rates. If that happens, they'll continue to bleed money and die in the next couple years.
Until Apple Music stops trying to spam hip-hop/rap down my throat as endlessly as they do their iOS updates then I'll stick to anything else.