Spotify UK revenues surge to almost £190m as mobile subscriptions take off
Digital music and audio | The Guardian 2016-10-26
Summary:
World’s biggest music streaming service saw total UK revenues rise by 18% from £159m to £187.2m last year
Revenues at Spotify’s UK business grew to almost £190m last year as subscription income soared by over 40% thanks to music fans flocking to the company’s mobile service.
Spotify, the world’s biggest music streaming service with an $8.5bn (£6.9bn) valuation, saw total UK revenues rise by 18% from £159m to £187.2m last year.
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