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Wall St Shuffle: Spotify’s non-IPO - Venture Insights

Report Overview

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Wall St Shuffle: Spotify’s non-IPO

PublisherEnders Analysis.
Publish Date May 17, 2018
Sector Media, Music and Radio, Technology.
Company Amazon, Apple, Google, Sony, Spotify, Vivendi, YouTube.

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Spotify is now the world’s first publicly listed on-demand music streaming service. Its global footprint generated €4 billion in 2017 from over 70 million paying subscribers and 90 million ad-funded users across 65 countries

As it expands, the service is steadily but surely moving ever closer to profitability, with a 2019 operating profit a very real prospect

So far and for the near future, Spotify’s global pre-eminence versus competition from Apple, Amazon and Google proves remarkably resilient. Plans to build upon its differentiating features will become ever more decisive as the tech titans will continue to wield their resources and ecosystems against the comparatively undiversified company