As Spotify Tops 140 Million Users, Losses Surmount With No Profit In Sight

Promising more money to major labels, Spotify crossed the 140 million user mark. In an announcement on For Brands site, Spotify proudly announced that they have surpassed 140 million global monthly active users.  They also guaranteed to pay $2 billion to major content owners in the next two years.  Yet, the news was quickly muddled […]

The post As Spotify Tops 140 Million Users, Losses Surmount With No Profit In Sight appeared first on Digital Music News.

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