Spotify CEO Daniel Ek has responded to critics by claiming that the platform’s business model works despite the company’s financial results for 2012 showing growing losses.
In an interview with the Wall Street Journal, Ek said that the company’s business model is actually getting stronger.
“I think a lot of people just look at the financials and say: ‘Oh wow, losses, that’s really, really bad.’ That’s not at all how we see it,” said Ek. “We see that we’ve ...
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