Spotify a November 2012 report suggested strong momentum for the company. In 2011, it reported a near US$60 million net loss from revenue of $244 million, while it was expected to generate a net loss of $40 million from revenue of $500 million in 2012. Another source of income was music purchases from within the app. This service was removed in January 2013. In May 2016, Spotify announced "Sponsored Playlists", a monetisation opportunity in which brands are able to specify the audiences they have in mind, with Spotify matching the marketer with suitable music in a playlist. That September, Spotify announced
ESC Corporate Services with the Government of Ontario. ESC Corporate Services' headquarters is located in the King Street and Spadina Avenue area of Toronto, Ontario. Its contract with MGS gives ESC exclusive right to facilitate access to the following government services for the legal and corporate community as a Licensed Service Provider: Incorporation: Provincial, Federal and nationwide filing of Articles of Incorporation, Amendment and Dissolution. Registrations and Filings of Corporate trade names, Small business, court documents and PPSA securities. Government Database Searches which include ONBIS and Business Name searches, Corporate name searches and registrations via NUANS, PPSA and PPSA+ searches, Security searches, Real