Spotify has never been consistently profitable and had Net income last year of a... | Hacker News

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		scarface_74 5 months ago \| parent \| context \| favorite \| on: Apple vs the Law Spotify has never been consistently profitable and had Net income last year of a little over a billion. They are a nothingburger

pjmlp 5 months ago [–]

Tell that to musicians, apparently they don't need Spotify after all.

I will just go to the record store get some vinyls.

scarface_74 5 months ago | [–]

I am sure musicians are loving the royalty checks they are getting from Spotify at $.003 for every stream. They were better off before streaming.

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