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# FRI. BRIEF: Spotify Revenue Surges, Losses Continue • Universal Adds Vinyl Club • Songkick To Shutter • MORE
- URL: https://www.hypebot.com/am-brief-spotify-revenue-surges-losses-continue-universal-adds-vinyl-club-songkick-to-shutter-more/
- Published: 2017-10-13T06:50:00.000Z
- Updated: 2017-10-13T06:50:00.000Z
- Description: FRIDAY 10.13.17 Music Business News From Around The Web Spotify's financials are looking a bit better, but it still hard to see that they'll ever turn a profit. Updated continuously. Continue reading [https://www.hypebot.com/hypebot/2017/10/am-brief-spotify-revenue-surges-losses-continue-universal-
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Apple Inc., Apple Music, Artist, Board of directors, Capital One, Customer, Groove Music, Microsoft, Reading (process), Spotify, Streaming media, Subscription business model, YouTube, #wp, #wp-post, #Import 2026-01-21 10:05

**[![Spotify new](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2b414e0970c-200wi "Spotify new")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2b414e0970c-popup?ref=hypebot.com)FRIDAY 10.13.17**

**Music Business News** **From Around The Web**

 *Spotify's financials are [looking a bit better](https://www.hypebot.com/spotify-revenue-up-40-but-losses-continued-in-first-half-of-2017/), but it still hard to see that they'll ever turn a profit.*

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