Spotify says operating loss was $461.2M in 2017, up from $425M in 2016; average user streams 25 hours of audio a month, playlists generate 31% of all listening (Janko Rottgers/Variety)

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Janko Rottgers / Variety:
Spotify says operating loss was $461.2M in 2017, up from $425M in 2016; average user streams 25 hours of audio a month, playlists generate 31% of all listening  —  Spotify officially filed for a public offering with the Security and Exchanges Commission Wednesday.