In an interview with Billboard, the Apple Music boss pronounced the state of today's music streaming services, with low margins and low or no profitability. Jimmy Iovine sees a particularly problematic situation for Spotify, which has no more legs than just music to stand on. And would any competing service be able to lower prices from $ 99 a month ($ 9.99 a month in the United States) would be bad for Spotify, Iovine claims.
– Amazon sells Prime, Apple sells phones and Ipads. Spotify, they will need to find a way to get their audience to buy something else. If Jeff Bezos (CEO of Amazon, Reds. Note.) Wakes up tomorrow and says, 'Do you know what? I heard someone say $ 7.99. / … / Why do not we test $ 7.99 a month for music? '