Data

Aspiro financials reveal widening losses for music


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Scandinavian firm Aspiro has announced its latest set of financials, including figures for its music division, which runs the WiMP subscription streaming service. That division's net sales were up 130% to SEK 44.3m ($6.6m), but its EBITDA (earnings before interest, taxes, depreciation and amortisation) was a loss of SEK 8.4m ($1.2m), compared to a loss of SEK 5.7m ($0.8m) in Q4 2010.

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