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Spotify is Failing to Meet Expectations!

Mobile Music LibraryMusic PlayerMusic StreamingPlaylistsSpotify+-
2019AfBLGSpotifyFailing700-min

Spotify’s recent Q1 results show overall subscribers up to 217 million, with paying subscribers reaching 100 million for the first time. At the same time revenues are rising to $1.68 billion while the bottom line is still one of loss - or around -$159 million this quarter - slightly down year-on-year.

 

In Q1 I also discovered a limit to Spotify’s capabilities that did not impress me much - the maximum 10,000 tracks you can download to your mobile devices. I for one am ...

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