Everything at Spotify seems to be getting bigger, including its losses.
Spotify's operating loss widened to between 300 million and 400 million euros last year, possibly more than doubling its loss from the previous year of 184 million euros, according to a report in The Information that cites two unnamed people familiar with the results.
Read more here: https://www.cnet.com/news/spotify-is-draining-even-more-money-the-bigger-it-gets/