spotify

Tue 22.08.17 | 23:10
From:: hessin

The company lost 539 million euros last year despite its growth. It pays out more than 80 percent of revenue in royalties to music rights holders and streaming-delivery costs, leaving little margin for investments in technology and new staff.

- https://www.bloomberg.com/news/articles/2017-08-21/sec-is-said-to-study-spotify-plan-to-bypass-ipo-in-nyse-listing

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