I have read figures such as these and am amazed that they are even still in existence. How long can they continue losing that much money? And for that many years? What are they waiting for? Does Spotify really think that they are going to get 69,800,000 more people to sign up and pay $10/month (do the math.... $10 x 69,800,000 = $698 million) to BREAK EVEN?
My biggest fear is that eventually it will all shake out, and I'll have to pay $25 a month for one service, on demand (or not) so that a streaming service can become solvent. I guess I would do that if I had to.