Source: Apple and Spotify are generating $7 billion a year in streaming music revenue – Recode

≈ AT&T T-Mobile purchase

“>[≈ US oil/gas subsidies, 2011] worldwide. And we will probably never get back there — because music is so easy to get for free, and because there are so many other things to spend$10 a month on. Equally important: It’s unclear whether companies that only sell music — like Spotify — can be a going concern, given industry economics. Again, we may get an answer to that next year.


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