Quote:
Originally Posted by For The Love of Music
Your saying Spotify is $5B in revenue?
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Based on a few articles I have read, yes, nearly $5B with a net loss of $378M in 2017 mostly due to cost of sales such as licensing expenses with record labels and artists. The US market is huge for Spotify by the way. 18% of US population is supposedly using Spotify on a monthly basis. Spotify has 36% share of streaming worldwide. Not bad.