29 Aug Unprofitable Spotify & Pandora Blame Royalties
Posted at 10:48h
in Uncategorized
Music streaming sites Spotify and Pandora may be hugely succesful in terms of listenership, but they continue to lose millions. How? Well, it seems that a vast percentage of their individual revenues is going on royalty payments. Unsurprisingly, both are keen on a shift to lower rates…