Around the Net
Spotify Has Record Year, But When Will It Make Money?
- Telegraph, Wednesday, May 25, 2016 6:27 AM
Spotify has turned the music industry on its head by replacing one-off music downloads with an all-you-can-eat subscription streaming service, but it is yet to prove that it can deliver profits. A filing from the Swedish company, registered in Luxembourg, showed that despite revenues almost doubling last year, the company is making a bigger loss than ever.
