Drake holder economy: Spotify
艺人生意经：Spotify
①Themusic-streaming service is the industry leader, with 75m subscribers.
音乐流媒体服务处拥有7500万订阅用户，成为整个行业领头羊。
②It hasbeen a darling of investors since going public in April, with shares trading atnear-record highs ahead of today's earnings report.
Spotify自从四月份上市以来，已经成为投资者所追捧的宠儿，今天发布财报之前，这家公司的股票交易已经接近历史最高峰。
③It has also become a significant money-earner for top artists.
对那些顶尖艺术家来说，这家公司已经成为重要的盈利点。
④Drake, for example, has earned well over $50m for himself and otherrights-holders to his music, as users have "spun" his tracks billionsof times.
比如，Drake自己已经赚了远超5000万美元，其他持有歌曲版权的人的歌曲被点击达数十亿次。
⑤ButSpotify must still answer a vexing long-term question: when will it becomeprofitable?
但是Spotify仍然需要回答长期困扰大家的问题：它什么时候能真正盈利？
⑥It is expected to collect about $6bn in revenues this year, butwill probably lose more than $300m because it pays out most of its income torights-holders like Drake.
今年它的营收将会达到60亿美元，但很有可能亏岁3亿美元，因为它大多数收入付给了像Drake这样的版权持有者。
⑦It faces competition from giants such as Apple, Amazon and Google,each of which enjoys advantages in hardware.
它还面临像Apple，Amazon，Google这样的巨头公司的竞争，这些公司在硬件方面占优势。
⑧That will keep pressure on margins.
这会对盈利产生压力。
⑨But Spotify has one big advantage: it has the hippest brand,keeping the firm cool with investors.
但Spotify有更大的优势：它有最时髦的品牌优势，能让这家公司与投资者保持良好的互动关系。
tips：
spot: vt.找到；发现 n. 点·on the spot: 立刻；当场
·He offered me the job on the spot / immediately.
他当场就给了我那份工作。
We spotted a problem in our work.我们在工作中发现了一个问题。
shareholder: n. 股东
·dividend: n. 分红；股息
·sharing economy: 分享经济
music-streaming service: 音乐流媒体服务商
industry leader: 行业领头羊
subscriber: n. 订阅用户
darling: n. 宠儿；掌上明珠
他是老板面前的红人。
He is a darling of the boss.
go public: 上市
public company: 上市公司
IPO /initial public offering: 首次公开募股；首次上市
be listed: 上市
near-record highs: 几近记录的高点
earnings: n. (公司) 利润
money-earner: n. 赚钱机器
· earn the bread: 辛苦挣钱
· money printer: 印钞机
well: adv. 远远地；可观地
spin: vt.使旋转
track: n.音轨；歌曲
vexing: adj. 令人厌烦的；困扰的
profitable: adj. 有盈利的；有益的
· profit: n. 利润；盈利
be expected to do sth.: 有望……；将会……
collect revenues: 赚取收入 (generate / produce/ bring in / yield)
pay out: 支出；支付
income: n. 收益；收入
句型：A, but B because C
· A 作为铺垫，用 C 解释“A, but B”出现的原因，并且强调B
· We don't have too much
spare time, but we have to learn English because it is important.
margin: n. 利润
hip: adj.时髦的
brand
awareness: 品牌号召力；品牌知名度
from YLYK