Spotify Faces Torrid 12 Months As Search For Revenue Continues
09 October, 2009
Our Comments
Like other fast rising starts - Twitter for example - Spotify needs to come up with a sustainable business model if they want to survive in the long term. Spotify has already managed to burn some cash, especially as it has to pay millions in terms of royalties and other related expenses, significantly more than Twitter and other startups.
Related Links
Spotify 'could be dead within a year'
(Times Online)
How much does Spotify cost to run? We analyse the numbers
(Guardian)
Spotify making a €5.5 Million Loss Each Month?
(TheNextWeb)
Digital music - who's making money?
(BBC)
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