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Is Spotify Going Bankrupt In 2017? Wall Street Delivers Another Red Flag

Is Spotify Going Bankrupt In 2017? Wall Street Delivers Another Red Flag

Publicerat av Tony Harkén måndag, 13 februari 2017.

Wall Street is rejecting their IPO (again). A $1.5 billion debt pile is now a ticking time bomb. Major labels are taking 70+% of revenues. Is this the year that Spotify implodes?

Spotify is a damn good streaming music service. And they’re beating almost everyone at this game. That includes some of the largest companies in the world: Apple, Google, Amazon, and Microsoft. In fact, Spotify has double the number of paying subscribers that Apple Music has. Spotify may also have more customers than all of these competitors combined.

Read more at - www.digitalmusicnews.com/2017/02/02/spotify-bankrupt-ipo/

Publicerat av

Tony Harkén

usa

Klockan i Washington, USA

US-WA - Time
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