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Even with revenue up huge, Spotify still posted loss for 2010
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The following comments relate to this news article:

Even with revenue up huge, Spotify still posted loss for 2010

article published on 11 October, 2011

Spotify, the unlimited music streaming service that launched in the U.S. earlier this year saw a huge growth in revenue in 2010, but still posted a net loss. Revenue jumped from 11.3 million pounds in 2009 to 63.2 million pounds last year and is expected to jump to 100 million pounds (at least) in 2011 thanks to U.S. exposure. The streaming service did have a large 26.5 million pound ... [ read the full article ]

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Posted Message
Azuran
Member
_ 		11. October 2011 @ 15:19 _ Link to this message    Send private message to this user   
Licensing expenses being the culprit.
[ + quote]
Hopium
Member
_ 		11. October 2011 @ 19:10 _ Link to this message    Send private message to this user   
yeah click this link!! totally gonna do it. lol
[ + quote]
juventini
Member
_ 		12. October 2011 @ 15:17 _ Link to this message    Send private message to this user   
Originally posted by Azuran:
 Licensing expenses being the culprit.
Yup
[ + quote]
Forza Juve!!
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