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Spotify Is Having A Good 2012: Revenues Could Reach $500M As It Expands The Digital Music Market

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http://techcrunch.com – Spotify, the streaming music startup, was having serious trouble paying its bills, if you believed reports from earlier this year. Its 2011 financials showed a loss of nearly $60 million on revenues of $244 million. But this information is out of date, because the company has had a relatively strong 2012. It made $200 million in total revenue over the first six months of 2012, and is on an annual run-rate that could put it around $500 million by January, according to confidential financial information leaked to me by industry sources. Despite another net loss this year, Spotify’s busines (IT news)