时间:2024-09-20 08:15:39 来源:网络整理编辑:熱點
Music industry mogul Jimmy Iovine -- who recently voiced concerns about the future viability of musi
Music industry mogul Jimmy Iovine -- who recently voiced concerns about the future viability of music streaming -- will leave Apple Music this year, according to a。 Billboard 。Billboard。
report. 。
Iovine helped Apple launch its streaming service back in 2015. Since then, Apple Music has grown dramatically, acquiring 30 million paid subscribers, second in the world behind streaming powerhouse Spotify, who yesterday announced hitting 70 million subscribers. 。SEE ALSO:Spotify's massive $1.6 billion lawsuit reveals how it must adapt if it wants to survive。
The music site Hits Daily Double first reported that Iovine's departure will happen later this year, and Billboard followed by reporting Iovine will leave when his stocks become vested (agreed upon time for Iovine to get rights to his Apple stocks).。
By signing up you agree to our Terms of Use and Privacy Policy.。
Thanks for signing up! 。
"The streaming services have a bad situation, there's no margins, they're not making any money."。
An Apple Music subscription, like Spotify, costs $9.99 per month and plays ad-free music. Apple says it has 40 million songs in its catalog -- while Spotify has about 30 million. 。
But while these subscriptions numbers are impressive, Iovine wasn't convinced that streaming companies, in their current form, could be profitable. At a dinner event in September 2017, Iovine took questions from reporters about the state of the streaming service, and he answered candidly.。
As Billboard reports, Iovine was skeptical about how streaming companies (or divisions within a company) can be profitable on their own -- without the backing of massive tech firms that sell other tangible products:。
"The streaming business is not a great business. It's fine with the big companies: Amazon, Apple, Google... Of course it's a small piece of their business, very cool, but Spotify is the only standalone, right? So they have to figure out a way to show the road to making this a real business."。
Indeed Spotify, while having generated billions of dollars, reported a $601 million dollar loss in 2016. Its sales in 2016 did double -- but there are still questions about longer term profitability. In 2017, the still-private company's losses are assumed to have continued, though it had recorded an impressive $2.2 billion in just the first half of 2017.。
Featured Video For You。
Ivanka Trump's unpaid interns share cringeworthy financial advice2024-09-20 07:42
15位全明星加起來,才等於一個詹姆斯(全明星詹姆斯球鞋)2024-09-20 07:40
梅西一戰超C羅創3紀錄 連續12季破門曆史第2(梅西和本澤馬誰厲害)2024-09-20 07:37
今日賽事 :意甲(桑普多利亞vs國米)2024-09-20 07:34
Researchers create temporary tattoos you can use to control your devices2024-09-20 07:31
本澤馬連續17個自然年在歐冠進球!追平梅西、勞爾的曆史紀錄!(本澤馬西甲總數據)2024-09-20 06:11
喬丹後首人!保羅總決賽首秀32分9助攻 ,帶隊拿下總決賽首戰(保羅拿總冠軍)2024-09-20 06:05
突發!詹姆斯因傷退賽 ,無緣衝擊MVP,首發5大球星缺席+傷退(詹姆斯全明星隊五連勝)2024-09-20 06:00
Tourist survives for month in frozen New Zealand wilderness after partner dies2024-09-20 05:36
哈登給KD當牛做馬?哈登為核心,KD和歐文當助手,總冠軍不遠了(保羅拿過總冠軍沒)2024-09-20 05:35
Samsung Galaxy Note7 teardown reveals the magic behind the phone's iris scanner2024-09-20 07:49
哈登給KD當牛做馬 ?哈登為核心,KD和歐文當助手 ,總冠軍不遠了(保羅拿過總冠軍沒)2024-09-20 07:46
曼城皇馬對轟7球平紀錄,本澤馬大心髒破門驚呆瓜帥(本澤馬梅開二度 皇馬補時逆轉)2024-09-20 07:42
2023印度羽毛球公開賽1月20日賽程以及19日賽果(2022印尼羽毛球大師賽抽簽表)2024-09-20 07:16
Slack goes down again, prompting anxiety everywhere2024-09-20 07:05
日本羽毛球被重創,桃田賢鬥賽季首秀一輪遊 ,兩大世界冠軍遭橫掃2024-09-20 06:56
塔克0分奪冠 比保羅哈登更配這枚戒指 世界需要給平凡人一點希望(保羅的防守能排後衛第幾)2024-09-20 06:47
600場裏程碑雙響!本澤馬1戰豪創6大神跡,歐冠半決賽進球數超梅西(本澤馬梅開二度 皇馬補時逆轉)2024-09-20 06:18
Is Samsung's Galaxy Note7 really the best phone?2024-09-20 05:58
IFFHS年度最佳11人:梅西踢中場 ,6連莊創紀錄!皇馬3人(本澤馬歐冠第71球)2024-09-20 05:42