Spotify Revenue Up 40%, But Losses Continued In First Half Of 2017
Revenue at Spotify grew 40% in the first half of this year, according to a new report. Along with the gains, however, came continued losses. The numbers, which were shared. Continue reading
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
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
Federal Regulators Eye Spotify Direct Stock Listing Plan
Spotify's plans to skip a traditional initial public offering is reportedly facing scrutiny by federal regulators. According to a report in Bloomberg, senior Spotify executives met with U.S. Securities and. Continue reading
Snapchat Stock Surges 50% On Market Debut, Even As User Growth Shifts To The Less Desirable 45+ Demo
Shares of Snapchat's parent company SNAP opened for trading at $24 on Wednesday, up 41% from the IPO price of $17. The stock continued to climb throughout the day reaching. Continue reading
Promoter Live Nation Is Now Also The Biggest, Baddest Music Management Company In The World
The globe's biggest concert promoter is now also the globe's biggest management company, according to an SEC filing. It's news that send shivers down the spines of booking agents (and. Continue reading
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
Pandora Falls 11.5% Thursday After Music Streamer Announces Plan To Borrow $300 Million
[UPDATE 2] Pandora stock fell 11.5% Thursday, ending the day at $12.63 per share. The tumble began on news that the music streamer was borrowing an unexpected $300 million. In. Continue reading
