Growth in losses outpaces growth in revenue: Spotify releases 2016 financial statements

Read the full consolidated 2016 financial statement here.

Note that Spotify signed multi-year licensing agreements with certain music labels and publishers with minimum guaranteed commitments of approximately 2 billion Euros in royalty payments. How will that impact current and future losses?

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About the author

Mike Dias is a Sales Director for Logitech. He specializes in consumer electronics & pro audio with an expertise in headphones & portable audio. He has over 15 years of experience selling custom handcrafted in-ear monitors.

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