Spotify’s value jumped after buying the “Joe Rogan Experience”

Spotify is having quite the 2020. Today, the streaming giant’s market value is at about $46 billion—as recently as early April, Spotify was worth half that.

What changed? Not a lot, actually. The Swedish company continues to see steady revenue and user increases, but reported losing €355 million ($420 million) in the first half of 2020. (It didn’t make a profit in 2018 or 2019 either.) Spotify is also making less money per premium user, a key metric of how much it can get people to…

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