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Spotify dominates audio streaming, but where are the profits? - Vimarsana News

Spotify dominates audio streaming, but where are the profits?

The company has expanded beyond music to stay ahead but has struggled to make money.

Spotify posts third quarter profit of two million euros - Vimarsana News

Spotify posts third quarter profit of two million euros

The number of active users rose by 19% from a year ago to 381 million at the end of September, while paying subscribers -- Spotify's main source of revenue -- also rose by 19% to 172 million, the group said.

Source: ewn.co.za