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Author Topic: Spotify losses widen as costs and subscribers increase  (Read 1803513 times)

Busari

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Spotify losses widen as costs and subscribers increase
« on: July 27, 2022, 02:12:00 PM »
Spotify losses widen as costs and subscribers increase

The world's most popular streaming service Spotify on Wednesday recorded wider losses on rising costs even though subscriber numbers beat expectations in the second quarter. Analysts had expected a loss of 127 million euros ($128 million) and a rise in paying subscribers to 187 million, Bloomberg reported.
Source: Spotify losses widen as costs and subscribers increase
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