Spotify, whose losses are an evergreen music-biz talking point, just turned a quarterly profit. This news not only came as a surprise to the music industry at large, but to Spotify itself. The streaming company previously forecast to its investors that its operating performance in the three months to end …
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In the past few months, Spotify’s reputation within the music industry has hit a new low. Since the company said goodbye to its biggest industry-facing champion, global head of creator services Troy Carter, in September last year, Spotify has: (1) been sued by Warner/Chappell in India for copyright infringement; (2) …
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In many ways, Spotify enjoyed a spectacular end to 2018. The company finished the year with its first ever quarterly operating profit – €94m ($107 million) — something that challenged many of the long-term naysayers about its business model. In addition, amid its year-end financial-results announcement, Spotify confirmed that it …
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