Why 2017 Is The Year Of Reckoning For The Streaming Music Business
Get the Full StoryCan Spotify make a profit? Will Tidal and SoundCloud survive? Streaming music is on the verge of its moment of truth.There are few industries more paradoxical than streaming music. On the one hand, it’s exploding: The boom in paid subscriptions is driving the music industry’s first real growth in over a decade–in fact, streaming now makes up more than half of its revenue. At the same time, streaming music is an incredibly challenging, tight-margined business. For all the industry excitement around streaming, a critical question remains: Is this a viable business?Read Full Story
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