As Acquisitions Continue, a New Report Reveals Hipgnosis Has Burned Through More Money Than It’s Brought In

Just how long can Hipgnosis continue spending money before its cash runs out? This year, Hipgnosis has gone on a massive spending spree. Following its IPO launch, where the specialist investment company sought to raise $264 million, the company acquire… Continue Reading

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Tencent Music IPO’s Filing Reveals Record Profit

Tencent Music has turned a profit the past three years.  Spotify has only turned a profit once in its lifetime.  Any questions? Several months ago, Chinese conglomerate Tencent Holdings unveiled its plan to list its music division on Wall Street. With … Continue Reading

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Pandora’s Q3 2018: 6.8 Million Subscribers, Plummeting Active Users and Listening Hours

Pandora’s latest financial report reveals one thing – the digital radio service probably couldn’t survive on its own. Two months ago, Liberty Media’s John Malone achieved what he had long fought for.  SiriusXM had finally acquired Pandora Radio for a c… Continue Reading

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