Spotify CEO Daniel Ek explains how the company plans to help artists (and itself) make money

Zuckerberg: “We all hope that in the future the economy is one where everyone can pursue their interests and their creativity and can have jobs that are more exciting for them . . . Overall it's not like one model is going to work. It's not just like everyone is going to be able to make enough money off of an ads revenue share or something like tha... See more

“We love the ads and we expect the ads to continue. But I think that long term to have a healthy content business, you have to have multiple revenue streams and you don’t want to be completely dependent on advertising,” said Jacob Weisberg, the former editor-in-chief of Slate Group who started a podcasting company called Pushkin Industries with Mal... See more

This data will also help Spotify understand what original content to create, helping them launch the best content, driving even more users to the platform.

He shared on this memo that a digital-only recorded music company will be a much more profitable one after one-off restructuring costs. It will have lower revenue and higher margins. Its revenue will be very stable and grow with the overall digital music market growth. It will be a much more valuable company with its revenue base solidly coming fro... See more