Tag: NASDAQ

Four Companies Could Buy Spotify And None Are U.S. Based, Says Mark Mulligan

According to multiple reports, Spotify will delay its IPO until at least 2018. That's an expensive choice, thanks to a $1 billion loan with an escalating interest rate. But there. Continue reading

Bruce Houghton on 02/16/2017 in Music Business | Permalink | Comments (0)

Tags: Business Insider, Evan Spiegel, Facebook, Initial public offering, Instagram, NASDAQ, New York Stock Exchange, Snap, Snapchat, Twitter

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Pandora Stock Recovers Friday Morning Despite $343M Loss, Disppointing Forecast, No Listener Growth

UPDATE 2: Pandora stock fell as much as 5% more in after hours trading Thursday, but recovered 4% Friday morning to an 11AM price of $3.11. Yesterday's drop came as. Continue reading

Bruce Houghton on 02/10/2017 in Music Business | Permalink | Comments (0)

Tags: Advanced Micro Devices, Advertising, and amortization, Artificial Intelligence, Bing, Calendar year, Chief financial officer, Cloud computing, depreciation, Earnings before interest, Earnings Per Share (EPS), Extended-hours trading, Fiscal year, Generally accepted accounting principles, Initial public offering, LinkedIn, NASDAQ, Net income, revenue, taxes, Wall Street

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FRI. BRIEF: Spotify May Delay IPO • Apple Music Nabs Spotify Exec • Zuck Says He’ll Pay Creators • More

FRIDAY 2.13.17 Music Business News From Around The Web As we've written previously, a delayed IPO could be very expensive for Spotify. Updated continuously under our More News tab

Bruce Houghton on 02/03/2017 in Music Business | Permalink | Comments (0)

Tags: AppDynamics, Apple Inc., Facebook, Initial public offering, music, NASDAQ, Never Miss a Beat, Snap, Snapchat, Spotify, Streaming media

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YouTube Led Google’s 22% Growth, $26 Billion Q4. Maybe They Can Share More Of It With The Music Industry?

The music industry has recently its ire recently on YouTube and its payments to rightsholder. In a quarterly earnings call this week, the CFO of parent company Alphabet (aka Google). Continue reading

Bruce Houghton on 01/27/2017 in Music Business | Permalink | Comments (0)

Tags: Alphabet Inc., Autonomous car, Chief financial officer, Facebook, Fiscal year, Google, NASDAQ, Ruth Porat, Sundar Pichai, YouTube

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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

Bruce Houghton on 01/27/2017 in Major Labels | Permalink | Comments (1)

Tags: Citigroup, Donald Trump, Goldman Sachs, Hedge fund, HSBC, Initial public offering, JPMorgan Chase, MarketWatch, Morgan Stanley, music, NASDAQ, Spotify

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Rightscorp Rings In New Year By Vowing To Find New Ways To Lose Money

Rightscorp, a company with a history of hemorrhaging money with its ill-fated attempts to defeat piracy by means of aggressive letters and robocalls appears to have more money-losing ventures planned for. Continue reading

Guest Post on 01/05/2017 in Music Business | Permalink | Comments (2)

Tags: " copyright infringement, 24/7 Wall St., Apple Inc., Free tier (business model), Internet service provider, List of online music databases, music industry, NASDAQ, Share price, Spotify

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Lenders Crush Sillerman’s Plan To Pull SFX From Bankruptcy

It seems Bob Sillerman's plan to emerge from bankruptcy and retain some of his SFX assets was foiled by the same lenders which he originally dealt with in order to. Continue reading

Guest Post on 08/03/2016 in Live & Touring | Permalink | Comments (0)

Tags: Accountancy, AOL, Common stock, Electronic dance music, Equity (finance), NASDAQ, Preferred stock, Public company, Robert F. X. Sillerman, SFX (magazine), SFXE

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Pandora Says Merlin Ruling Means Lower Royalty Payments Ahead

Did indie label licensor Merlin hand Pandora a big win that could mean lower payments to artists and labels? Pandora's stock soared yesterday on news that it will likely pay. Continue reading

Bruce Houghton on 09/22/2015 in Music Business | Permalink | Comments (0)

Tags: Apple Inc., BlackBerry Curve, Bloomberg L.P., Copyright Royalty Board, GoPro, Internet radio, IPhone, IShares, NASDAQ, United States Copyright Office

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SFXE Shares Tumble To 88¢, NYSE Delisting and Bankruptcy Loom

SFXE shares fell another 15% on Thursday morning, trading at just $.88 midday. Listed on the New York Stock Exchange, SFXE stock can be removed from trading if its price closes. Continue reading

Bruce Houghton on 08/20/2015 in Music Business | Permalink | Comments (1)

Tags: Apple Inc., Carlyle Group, Gap Inc., Google, NASDAQ, New York Stock Exchange, Red Robin, United Airlines, United Continental Holdings, Wall Street

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SFX Fire Sale Begins! Sillerman Buyback Fails, Board Explores Options As SFXE Stock Falls 29%

A day after CEO Bob Sillerman missed his deadline to buy back shares on SFX Entertainment and take the company private, the board finally issued a statement that did little. Continue reading

Bruce Houghton on 08/14/2015 in Live & Touring | Permalink | Comments (0)

Tags: bEATPORT, Board of directors, Chairman, Electronic dance music, Flavorus, NASDAQ, Public company, Robert F. X. Sillerman, Select or special committee (United States Congress), SFX (magazine)

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