Spotify just filed for a direct listing in the U.S., sidestepping the traditional IPO process, and now we’re starting to see some of the true financial guts of the company — and some of the significant risks it faces from challenging services from Apple and Google. Apple, for example, charges apps a percentage of revenue for subscriptions processed through the App Store. Apple… Read More
from RSSMix.com Mix ID 8176981 https://techcrunch.com/2018/02/28/even-with-double-the-subscribers-spotify-says-apple-will-always-have-an-edge-owning-the-app-store/?ncid=rss
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