Can you elaborate on that? What are their losses?
[0]: http://www.businessinsider.com/r-spotify-revenues-grow-80-pe...
Spotify has always talked about losses being expected, they want user growth at any cost.
http://www.recode.net/2016/5/23/11749122/spotify-losses-reve...
If you're trying to gain users at any cost then other businesses will take advantage of that desperation.