But back in 2023, Spotify barked up the wrong tree — Snoop Dogg’s money tree. After crossing the 1 billion mark, Snoop Dogg revealed his supposed shocking payout.

And Spotify has been bleeding money badly for years. The company said revenues amounted to $5 billion in 2017, up from $3.6 billion in 2016. Losses, however, topped $1.5 billion for 2017, from ...

Spotify's public filings revealed the company is spending most of its money on fees for licensed content and music royalties. Duncan Davidson, a general partner at venture capital firm Bullpen ...