• Spotify & Fellow Streamers Soared in 2020, But Expect Growth to Slow

    13 days ago - By Billboard

    A year ago, streaming services would have been forgiven for singing along to the R.E.M. song, “It's the End of the World as We Know It .” COVID-19 was shutting down cities around the world, governments were ordering people to remain at home in effort to stop the virus' spread, and consumers were leaning on streaming to escape the craziness. From video service Netflix to music platform Spotify, business was booming. A year later, the pandemic boom is proving to be a difficult comparison for earnings reports for the first quarter of 2021, shaking up year-over-year figures.
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