Spotify Lost Lots of Money but Grew Revenue

Bleeding money

 

I love Spotify. I think their playlists have gotten a lot better, and I'm glad they added podcasts, and video.

 

This seems pretty good for them, and for the future of streaming like this. Wonder what they spend so muh money on? Paying royalties would make up a bulk of it, and they advertise a lot. But after that?

 

Apple Music FTW.

 

Spotify is the best thing I've got right now

 

No qualms with Spotify or Apple Music. I subscribe to whichever service offers the better deal.

 

Get it free through work so no Apple Music for me

 

I pay for Apple Music because it's amazing and own an iPhone but also use Spotify because it's free through work as well.

 

How curious that Spotify continues to grow. I've been giving serious thought to leaving Spotify because of all the exclusive releases. I almost switched when Views came out but Spotify got it so quickly I didn't bother. I'm sticking to Spotify for now but I just hit my download limit so I may be looking to jump ship again depending whether other services let me download more, however, I thought the exclusives would have had more of an impact.

I also wish the article went into why video will end up costing Spotify more.

 

I really love Spotify. I like my playlists, and I've been using it since 2011-2012, so it has a lot of my listening habits stored for my discover weekly playlist, which is usually really on point. I hope Apple Music doesn't run them out of town.

 

I went through a month trial using spotify after Rdio disappeared. I'm a big fan of saving albums to my collection, so the first thing I did was start adding albums I like and already own, and hit an arbitrary limit on the first day. So for the rest of the 30 days I would find new music, but have no way to "officially" save it to my account (other users have suggested using a bunch of playlists, but who wants to manage that.)

Spotify feels like where I should be now, but I literally can't manage with it enforcing such a small collection size.

 

I hadn't heard of a saving limit. My library is probably closing in on about 10,000 songs and while I can no longer save them to my device for offline listening, I can still save it to my library. Either you have a collection even more massive than I imagined or maybe it's just the trial that imposes a limit?

 

I think I might be one of the only Spotify users who doesn't save/download songs from it