Spotify UK Is No Longer a Profitable Business

 
It was the shining beacon of light that Spotify loved to point to: a profitable, growing British division.  But Spotify’s once-proud, once-profitable UK operation is now in the red, with potentially huge implications for the company and the broader streaming music industry.  According to financial filings obtained by the UK Companies House this (Wednesday) morning, the critical Spotify subsidiary lost £1.21 million ($1.87 million) in the previous year, despite