VIEW EVENT INFORMATION: Pandora
Spotify Doubles Revenues In 2012 While Losing Money, Highlighting Royalty Squeeze
JUL
31
Status: Available Now!
Type: News
Date: Wednesday 31 July 2013, 02:58 AM
Media: Techcrunch

SOURCE
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
Notable Organizations: Pandora, Techcrunch
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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