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If you haven’t read many of the numerous stories through the years about losses in the streaming music market, then the headline may seem like an odd question at first.
After all, how can a company like Spotify be worth $8 Billion but still hasn’t made a profit after 10 years in business?
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As we’ve detailed in our #stream2own whitepaper it takes 150 listens of the same song in Spotify to equal the earnings from a download. Not sustainable for artists and seemingly for the streaming services as well.
Read the rest at the Resonate blog
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