![]() Simply copy the HTML code that is shown for the relevant statistic in order to integrate it. Yes, Statista allows the easy integration of many infographics on other websites. Spotify and Pandora don't enjoy the luxury of a profitable billion dollar business supporting their services though, and will at some point need to figure out how to actually make music streaming profitable.Ĭan I integrate infographics into my blog or website? Similarly, Amazon will be more than content if their service attracts more Prime customers. ![]() Apple will likely be happy to take a loss with its streaming service, as long as it gets people to buy more of the company's devices. An analysis a couple of years ago published by Generator Research concluded that the streaming business in its current state was "inherently unprofitable" and that "no current music subscription service…can ever be profitable, even if they execute perfectly.”Īpple and Amazon have one huge advantage over their competitors though: they don’t actually need to make money from streaming. While both companies have solid revenue streams, both are far from profitable. Yet both companies share the same problem: As user numbers rise and revenue subsequently increases, so do licensing fees and other costs. Both companies are generating well over $1 billion in annual revenue from advertising and subscriptions. Spotify’s main rivals, Apple and Amazon don’t report their streaming financials separately, but by way of comparison, this infographic looks at the 75 MAU strong Pandora. Music streaming is proving itself to be a very hard sector to turn a profit in. Accompanying these figures, though, is a less than savory net loss of $1.4 billion. ![]() A look into the filing reveals an impressive 159 million monthly active users, generating $4.6 billion of revenue in 2017. Spotify announced its long-awaited IPO yesterday - the Swedish music streaming giant will go public in a direct listing in the coming weeks.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |