None of the streaming services have ever turned a profit. When Spotify was preparing for their IPO a few months ago, they publicized their prediction that, in 2018 they would turn the corner and start turning a profit.
A few weeks ago metrics for the music industry were published and downloaded content declined, while CDs and vinyl held their own, the increases were all on the streaming side.
I suspect that the business of streaming music will follow the video streaming companies, and start raising their prices. They'll need to, to stay in business. A few months ago Netflix added a few bucks a month to their price; there were some negative comments for a few days, but I'd be surprised if they lost that many subscribers as a result of the price increase.
A few weeks ago metrics for the music industry were published and downloaded content declined, while CDs and vinyl held their own, the increases were all on the streaming side.
I suspect that the business of streaming music will follow the video streaming companies, and start raising their prices. They'll need to, to stay in business. A few months ago Netflix added a few bucks a month to their price; there were some negative comments for a few days, but I'd be surprised if they lost that many subscribers as a result of the price increase.