Why Do We Still Pay Only $10 a Month for Music? | RS News 12/12/19

Spotify, the leader of the music-streaming market, recently entered its second decade of existence, towing 110 million paying subscribers. When tech companies hit such major growth milestones, they tend to hike up prices to begin recouping previous years’ lost revenue. The music industry would welcome higher prices with open arms, but it’s risky for any one company to take the first step into users’ wallets.