We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Sustained discord

3 February 2021 By Liam Proud

Shares in the $60 bln Swedish music-streaming group fell after it warned a pandemic-inspired boost to subscribers and revenue may not last. More worrying for CEO Daniel Ek is that costs are still growing roughly as fast as sales. That’s out of tune with a puffed-up equity value.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)