What is Spotify and how it works
Spotify is one of the largest music platforms in the world. Currently, it exceeds 400 million registered users, a higher figure than expected according to the expectations of the streaming service itself. This data makes the platform a great reference in the sector, also in paid subscriptions, since it far exceeds 180 million paid users. Its market share in the music streaming scene reaches more than 55%, a figure that reflects its superiority in this sector. Despite everything, it has registered some losses in the last quarter of 2021: 39 million euros, specifically, less than the 125 million euros that it lost in the last quarter of 2020. (more…)