Thread: Subscription music is taking off (to overtake Itunes in a few year) what about ebook?
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Old 12-30-2012, 08:24 AM   #43
Kali Yuga
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Quote:
Originally Posted by JD Gumby View Post
Got links for that?
Y'know, I thought I did. But the only links I can find indicate that Rhapsody is still losing money. They have narrowed their losses, but I can't find the link which indicates they have actually turned a profit.

http://www.geekwire.com/2012/open-se...closer-profit/

I guess I just misread something.


Quote:
Originally Posted by JD Gumby
Just because there's one big player and a bunch of smaller doesn't mean that the smaller are struggling.
This is not about "one big player." It's about a half dozen companies which aren't profitable yet (regardless of their relative or absolute sizes), and face serious challenges getting to profitability. This clashes with the optimistic view that "subscription services are poised to supplant digital music purchases."
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