Can Spotify keep topping the chart?

Spotify has hit its 100-millionth paying subscriber, but can it retain the title as the world’s biggest paid music streaming platform?

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Spotify has hit its 100-millionth paying subscriber, but it will "have to change its tune" if it is to retain the title as the world's biggest paid music streaming platform, says The Observer. Revenue at the New York-listed Swedish business jumped by a third year-on-year in the first quarter to €1.5bn, although it still made a loss of €142m.

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Markets editor

Alex is an investment writer who has been contributing to MoneyWeek since 2015. He has been the magazine’s markets editor since 2019. 

Alex has a passion for demystifying the often arcane world of finance for a general readership. While financial media tends to focus compulsively on the latest trend, the best opportunities can lie forgotten elsewhere. 

He is especially interested in European equities – where his fluent French helps him to cover the continent’s largest bourse – and emerging markets, where his experience living in Beijing, and conversational Chinese, prove useful. 

Hailing from Leeds, he studied Philosophy, Politics and Economics at the University of Oxford. He also holds a Master of Public Health from the University of Manchester.