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Spotify Saw Revenue Surge In 2015

Growing its income by 80%, Spotify took in $2.18 billion in revenues in 2015, reports Music Business Worldwide, citing a financial filing in Luxembourg. Meanwhile, “Net losses stood at a painful  $194m … but these grew much slower -- widening by just 6.7% compared to 2014.” Nearly doubling, ad revenue reached $219m in 2015.

Read the whole story at Music Business Worldwide »

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