Spotify Faces Torrid 12 Months As Search For Revenue Continues

Industry experts are of the opinion that Spotify should make its massive user base start paying for streaming music, or else it could go out of business within a year or so. They were reacting to claims made by Spotify’s founder Daniel Ek, who in a letter to The Times said that the industry essentially had to change the manner in which they charged for music tracks. As of now, Spotify lets its users enjoy streaming thousands of tracks for free if they allow for...