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A Leaked Financial Report Shows Spotify’s Losses More Than Double

A Leaked Financial Report Shows Spotify’s Losses More Than Double

Investors now ask themselves: Will Spotify ever become profitable? Probably not. Is music streaming profitable? Better yet, will an IPO help Spotify finally make a revenue after ten long, arduous years? Or will they face a similar Snapchat-like fate? To gear up for their long-awaited IPO, the Swedish streamer has built an office in New […]

The post A Leaked Financial Report Shows Spotify’s Losses More Than Double appeared first on Digital Music News.

Daniel Adrian Sanchez #DigitalMusicNews #MusicNews #IndieBrew
http://www.digitalmusicnews.com/2017/05/19/spotify-ipo-devastating-losses/