06-02-2019 22:08 via theverge.com

Spotify, the leading music streaming app, is finally profitable

Spotify is about to try to become a podcasting giant with two new acquisitions — and we have some suggestions for that — but first, it’s crossing an important milestone with its music streaming business. Today, for the very first time, the company is reporting that it’s turned a profit.
That’s right: some 13 years and 96 million paid subscribers later, Spotify is finally making money. Unless you count that one time a complicated tax situation technically threw it i
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