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
International School of Protocol and Diplomacy International School of Protocol and Diplomacy ISPD Group is an organisation born out of the need for an academic institution that prepares and certifies professionals in the fields of International Procedures, Corporate & Soft Diplomacy, Business Protocol, Security and Cross Cultural Intelligence. Since 2008, ISPD has grown into a company which currently owns 6 brands: Innovation in Diplomacy, Protocol and Diplomacy, Security & Governance, Impact, Certification & Licenses and Skills. Each brand was developed to deliver a value to a specific audience in the most accurate way possible. The company's headquarters are located in Brussels, Belgium. In addition, ISPD has