Share this postPlatform & StreamEurope’s Biggest Tech Hope Spotify Starts Talking About Profit; 2016Copy linkFacebookEmailNotesMoreEurope’s Biggest Tech Hope Spotify Starts Talking About Profit; 2016Platform & StreamDec 02, 2016Share this postPlatform & StreamEurope’s Biggest Tech Hope Spotify Starts Talking About Profit; 2016Copy linkFacebookEmailNotesMoreShareNo longer just a place to share pretty photos of sunsets, the social media platform figured out how to appeal to musicians and their fans.Both rely heavily on the company's vast radio network -- and the technology of Napster.The feature, which lets venues "catalogue their entire concert history in an interactive way", launches with New York's Capitol Theatre and Brooklyn Bowl.Music streaming service Spotify, one of Europe's most valuable tech start-ups, could start to become profitable as early as next year, said a board member who was also one of the company's first investors.FACT's Chris Kelly speaks to Dawn Richard, Ash Koosha and more to discover how VR might shape the music experience in 2017 and beyond.Singer notoriously pulled her entire catalogue from streaming service in 2014 over royalties.Spotify is upping its game when it comes to original content with more than one new program.The IFPI has released its latest ‘Investing in Music’ report, which quantifies the A&R and marketing investment made by major and independent labels.The rapper purchased the company for US$56 million in 2015 and vowed to use it as a vehicle to revolutionize the music business, but has yet to deliver on his visionWhile Spotify has been reportedly valued at $8.5 billion, its founder and chief executive says the company could have ‘died’ a few years ago.Napster, and MeQ Inc., creator of Even and the Even EarPrint, have launched the first fully-personalized listening experience within a music streaming service.PreviousNext