Spotify lost the equivalent of $2.2m every day in 2020… as it spent over $1bn on sales and marketing in the year Posted byMusic Business Worldwide February 3, 2021 Leave a comment on Spotify lost the equivalent of $2.2m every day in 2020… as it spent over $1bn on sales and marketing in the year MBW shines the spotlight on SPOT’s 2020 fiscal results – on the black ink… and the red ink Source