Spotify’s Q1 2019 — 100 Million Subscribers & $159 Million in Net Loss

Spotify has reached 100 million subscribers.  But, its losses continuing spiraling out of control. Earlier this morning, Swedish streaming music giant Spotify published its financial report for the first fiscal quarter of 2019 (Q1 2019). First, the good news. The service has become the first music platform to reach 100 million subscribers.  This figure grew 32% […]

The post Spotify’s Q1 2019 — 100 Million Subscribers & $159 Million in Net Loss appeared first on Digital Music News.

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