Spotify gains profitability… but loses the argument.

Credit: TT News Agency / Alamy
Spotify co-founder Martin Lorentzon (pictured) has cashed out over $525 million in Spotify stock this year so far. Lorentzon's TradeDoubler acquired Daniel Ek’s Advertigo startup for around $1 million in 2006. The duo then started Spotify.

Sorry, you have hit your monthly limit of MBW+ articles!

Subscribe or log in to gain unlimited access to all analysis and data on Music Business Worldwide, plus other member benefits.

Related Posts