The answer is less than $1 billion per year to the tune of $30 million per million streams. There have been times over the past decade when Spotify has had to make big, painful cuts to help maintain its business.
For example, Spotify launched its first standalone ad-supported music store in 2010. The store was meant to help Spotify stand out from the rest of the ecosystem in some regard. But that store only worked in an ad-supported fashion, limiting the ability for Spotify to compete with other online retailers.
When Spotify finally made its first standalone ad-supported music store in 2012, the store wasn’t great, either. But Spotify had no choice but to keep doing it to survive. In 2014, the company made a significant cut to help keep the store afloat. That cut was about $4.6 billion. Spotify cut its budget for ad-supported stores by about $30 million per year.
If you want to keep reading all this, this is what this infographic has to say about the Spotify’s ad revenue.
This is a big deal right now; Spotify is essentially sitting on cash. If you’re trying to stay one step ahead of Amazon and have a great deal of cash sitting around (not to mention an enormous number of users and users of other products who are happy to pay more than $10 per year), you really don’t want to go bust and have to cut funding to make money.
I wonder what Spotify will do if it doesn’t make any more cuts over the next year or year and half? I think it will have to keep cutting further, though. Maybe another $4 billion could make a real dent in the company’s bottom line. I don’t know what that bottom line looks like, but I’m sure Spotify is hoping it won’t end up going bankrupt.
When the House Ethics Committee opens a case against President Trump, the first questions will likely be: Who are the witnesses? Who will be called to the witness stand? What is the basis of the investigation?
It’s likely that special counsel Robert Mueller will issue subpoenas to the people the FBI used to track money moving across the U.S. financial landscape. But the question is whether Trump’s presidential campaign, which is at the centre of the effort to obtain those records, will have to answer those questions.
The first of those questions will likely be whether Trump’s lawyers will have to answer questions about their own activities and financial connections with Russia. It’s possible, according
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