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VIEW EVENT INFORMATION: Pandora |
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Spotify Doubles Revenues In 2012 While Losing Money, Highlighting Royalty Squeeze |
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About the organization Pandora: Type: Business Sub-Types: Website, Application Software, Audio Hosting Agent, Streaming Agent, Computer, Computer Software, Telecommunication, Telecommunication Software, Radio Channel, Internet Radio Channel |
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Notable Organizations: Pandora, Techcrunch |
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Spotify’s 2012 results are out today, with Reuters reporting that the private company had revenue of 435 million euros, and a 58.7 million euro net loss.
The revenue figure is impressive, more than doubling 2011’s 190 million euro tally. However, the company’s net loss widened in the year, even as it saw a dramatic expansion of its top line from 45.4 million euros to… |
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