![]() ![]() ![]() Its main rivals, Apple and Amazon, have market values some 70 and 40 times its own $37bn, respectively, and bundle audio along with TV, gaming and more. On February 2nd it warned of slowing subscriber growth, sending its share price tumbling. A rough calculation by Will Page, a former Spotify chief economist, based on figures from MRC, a data firm, suggests the musician stands to lose about $300,000 this year if he continues his boycott (though it seems that, for now, streaming of his songs is up by about 50%, owing to more plays on other platforms amid publicity from the spat). Mr Young says he gets about 60% of his streaming income there. As the biggest streamer, with 180m paid subscribers, Spotify has power over artists. ![]()
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