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A comment on Spotify announces music app store - Spotify Platform. Parent comment

Re:Spotify announces music app store - Spotify Platform by rdouble on Wednesday November 30, 2011 @02:14PM (#3296385)
Spotify has always operated at a loss. They lost 40 million dollars last year. If they implode it will be due to economics not sympathy for musicians.
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Re:Spotify announces music app store - Spotify Platform by mongol on Wednesday November 30, 2011 @06:31PM (#3297405)
With 2.5 million paying users, they should have revenues around 300 million USD per year. If they can not make money on this they should at least be close.
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Re:Spotify announces music app store - Spotify Platform by PLejeck on Wednesday November 30, 2011 @02:53PM (#3296578)
Ouch, their record label contracts must be AWFUL.
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Re:Spotify announces music app store - Spotify Platform by rdouble on Wednesday November 30, 2011 @05:29PM (#3297195)
Not sure why you were downvoted. They are awful, that is why they are losing money.
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