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Spotify's Position as Tech's Hottest 2018 Listing Is on the Line

  • Can 2Q earnings cement Spotify as the Netflix of music?
  • Bears say current valuation gives Spotify no room for error
Illustrations Of Netflix, Spotify And Uber Logos
Photographer: Chris Ratcliffe/Bloomberg

Is Spotify the music industry’s Netflix, or will it track Dish Network?

Expectations are high for the company’s second quarter earnings report on July 26, and Wall Street is looking for signs it can drive the next leg of performance. Like its movie-streaming peer, investors focus heavily on subscriptions as a prime metric for valuing the strength of the platform.