These may be the best days for streaming music [USA TODAY]
PANDORA MEDIA (P)
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Source: USA TODAY
Spotify CEO Daniel Ek (above) might be taking his company public in early 2018. (Photo: Spotify) LOS ANGELES —These may be golden years for streaming digital music — so enjoy it while it lasts. Hundreds of millions of listeners have made the leap to streaming, abandoning CDs and downloads for free and monthly subscription services like Pandora, Spotify, SoundCloud, Apple Music and Amazon Prime Music. Consumers love them, gladly swapping ownership for access to a massive, on-demand universe of songs. But the business has been been treacherous, at least when it comes to turning a profit. The latest reminder: Spotify's filing for U.S. shares, which detailed how big payouts to music labels have made it tough to turn its 71 million subscribers into a profitable concern. Late last week, Internet radio station iHeartRadio moved closer to bankruptcy, according to two reports. In fact, analysts expect to see a big shakeout in the coming years among on-demand music servic
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