REWIND: The Music Industry’s Week In Review
Pandora launched its IPO on Wednesday at $18 a share with a $2+ billion valuation. But as the week progressed the stock fell and one analyst predicted a drop to $5.50 a share.
- Spotify closed $100 Million funding round amid signs that they could launch in the US as early as July.
- Universal Music Shuffle: 20 Motown Staffers Let Go, As 5 UMG Execs Get Promoted
- Join this discussion: Indie Label Says No To Apple's iCloud: "Copyrights Trampled", "An Insult"
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