Spotify's Revenue vs. Losses

New filings from Spotify show that despite losing more money than ever last year, the streaming service's revenue actually increased much faster than its losses for the first time. This is the kind of performance that investors are looking for, and is a promising sign for Spotify if they are, as hinted, heading for an IPO within the next few years. According to ReCode, "If Spotify can keep it up, then it will have pulled off something special by showing it can run - and grow - a streaming music service at scale." Read more on Spotify's revenue vs. losses here.