Spotify: 140 Million Users, $600 Million In Losses, No Profit In Sight

Good news: Spotify just crossed the 140 million user mark.  Bad news: keep reading… This morning, Spotify proudly announced that they have surpassed 140 million global monthly active users.  They also guaranteed payments of $2.2 billion to major content owners in the next two years. Good news for Spotify, and even better news for big labels […]

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