Christian P. Pewitt Blogs: Slacker Radio Is "On The Cusp Of Profitability,” says CEO

Friday, March 24, 2017

Slacker Radio Is "On The Cusp Of Profitability,” says CEO

“We are comfortable with the idea of being at a smaller scale,” said Slacker CEO Duncan Orrell-Jones commenting on the unsustainable losses of his larger competitors. “We are on the cusp of profitability,” he added.

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The revelation that Slacker Radio was close to becoming a profitable company came during a Music Ally interview with CEO Duncan Orrell-Jones. “We are comfortable with the idea of being at a smaller scale,” he said. “We are on the cusp of profitability.”

"Those companies are going to have to find a way at some point to pivot towards a business model that makes sense – because it’s just not sustainable as a public company to continue to lose money the way Pandora is,” commented Orrell-Jones “And if Spotify really does want to go that way [into an IPO] at some point, they are going to have to sell a story that the investors can get behind.”

“I scratch my head at the sheer weight of the organisations they have," he added