Revenue Per User To Fall 25% Even As Streaming Grows In Popularity says Goldman Sachs Study

The global recorded music business brought in $19.1 billion in revenue in 2018, according the IFPI. By 2030, that number will grow to $45 billion, with streaming expected to represent. Continue reading

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Spotify Stock Rising Ahead Of Today’s Earnings Report

Spotify [NYSE: SPOT] climbed all day ahead of a today’s earnings report. The stock was up 4% to $170.50, as of 2:45 ET. This, the streamer’s first report since going. Continue reading

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Spotify [NYSE:SPOT] Earnings Report Today: What To Expect

Wall Street analysts are bullish, as Spotify nears its first earnings report as a public company, after the market closes today. Goldman Sachs, JPMorgan, Evercore and Morgan Stanley predict a. Continue reading

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Tencent Plans $4B US IPO That Also Benefits Spotify

Tencent Music, China’s largest music streamer, has reportedly invited investment bankers to pitch how they can guide the company through a U.S. IPO valued as high as $4 billion later. Continue reading

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LiveXLive Follows Slacker, SNAP Interactive Acquisitions With Public Stock Offering

LiveXLive Media, Inc. (OTC: LIVX), a live music and music-related online video network, has announced a public offering of shares of its common stock.  LiveXLive will sell 7,692,308 shares on the. Continue reading

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FOR SALE: Rolling Stone Magazine

Iconic music and political magazine Rolling Stone is for sale.  Founded by Jann Wenner in 1967, Wenner Media sold a 49% stake to Singapore's Bandland Technologies in 2016.  Wenner has retained Methuselah Advisors to. Continue reading

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To Survive, Spotify Must Follow Apple’s Example

In the final lap of its race to go public, Spotify plans to hit the NYSE by year's end, but a number of uncertainties about the company's future remain, with. Continue reading

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Spotify Finalizes Deal With Warner Music Group Clearing Path To Stock Exchange Listing

Spotify has closed its third and final major label deal, signing a new multi-year global pact with Warner Music Group. Sony, Universal and Merlin had previously announced new deals with. Continue reading

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REWIND: The New Music Industry’s Week In Review

In this rewind back through seven busy days of music industry news, we revisit a major scandal at the copyright office regarding a 'fake budget' line item, the major sales. Continue reading

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Music Industry Has Upper Hand As Spotify Faces Soaring Interest Rates, Stock Discounts

Last year when Spotify took on $1 billion in debt, we reported that it did so under terms that forced rate increases if it failed to IPO.  Now, those terms. Continue reading

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