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October 5, 2012 06:08 pm GMT

Spotify Posted Net Loss of $59 Million in 2011 [REPORT]


Spotify reportedly generated an impressive $244 million in revenue in 2011, but the company posted a net loss of $59 million for the year.

More About: pandora, spotify, streaming music


Original Link: http://feeds.mashable.com/~r/Mashable/~3/AAQQyuzLPKc/

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