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Spotify's Student Discounts Hurting Earnings AND User Numbers According to University
Those up on the numbers k**w **t to believe the hype...despite the constant media coverage devoted to Spotify and streaming as the future of the music industry, if you've read up on the subject you'll k**w that the service has yet to turn a profit. David Lowery, a **ted critic of the streaming frontier and professor at the University of Georgia's music business program, has published a new report suggesting that Spotify in particular is shooting itself in the foot. Apparently special rates offered to college students aren't helping the bottom line.
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