Investors, Labels Queston Spotify’s Future

Just days before Spotify's Monday earnings report, some label execs and Wall Street analysts are questioning if the steaming giant will ever be profitable, and if not, can it survive?

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Deezer Offers 99¢ For 3 Months Streaming, Users Pass 14M

Deezer is offering its Premium+ streaming music service to U.S. users  for three months for $.99.  Not well known in the States, Deezer is a top tier competitor to Spotify. Continue reading

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WMG Sells $400M Spotify Shares, No Profits For Some Labels

Warner Music Group revealed in an earnings call today that it recently sold 75 % of its shares in Spotify, netting $400 million. The transaction happened after the end of. Continue reading

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Music Stocks: Pandora, Live Nation Soar, Spotify Down

Most major music stocks are generally having a great day on Wall Street, with the exception of Spotify. As of mid-day Friday, most major indexes were up 1-2%. But Pandora. Continue reading

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UPDATE: Spotify [NYSE:SPOT] Ends Day Down 5.66%

UPDATED: Spotify stock began trading Thursday at $151.43, 11% lower than its $170 Wednesday close, after the streamer missed revenue estimates  Wall Street analysts. The stock ended trading on Thursday. Continue reading

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Do Spotify’s Investors Lack Confidence In The Platform? [Bobby Owsinski]

Spring is in the air, and Spotify is headed for a direct listing on the NY Stock Exchange on April 3rd. Unfortunately for the streaming platform and its IPO, investors. Continue reading

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BMI Annual Royalty Distributions Top $1 Billion For First Time

BMI has distributed more than $1 billion to its songwriter, composers and publishers for the first time. Fiscal year 2017 marks the third consecutive year of record royalty growth for. 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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THU. BRIEF: Facebook Adds Video ‘Shows’ • Live Nation Earnings Soars • Spotify Boosts Videos, Podcasts • More

Thursday 8.10.17 Music Business News From Around The Web With Facebook and Spotify putting it front and center, does everyone need a video strategy? Updated continuously under our More News tab

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Universal, Spotify Deal Is Even Bigger Than It Looks [Mark Mulligan]

Yesterday's announcement that Spotify had signed a multi-year licensing deal with UMG is a clearly a big deal, clearing the way for a Spotify IPO.  But it's also much, much. Continue reading

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