Business, Services And Guides For Music Labels
Spotify, despite beating out Apple Music and other competitors with 30 million paid subscribers, is actually bleeding money. While the company boasts high annual salaries for full-time workers, reported at over $168,000, the company reported last year a loss of over $194 million, way up from just $28 million in 2010. This might show that […]
The post QQ Music Shows How to Be Profitable in the Music Streaming Business appeared first on Digital Music News.
China wants their share of the music streaming market… According to a report by the WSJ, a China-based music streaming service backed by Tencent Holdings Ltd, plans an IPO in the U.S. Goldman Sachs Group Inc. and Morgan Stanley have reportedly been hired by China Music Corp for the IPO, which will most likely occur […]
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