When it comes to Spotify liquidation, Sony Music isn’t f—ing around! The major label has now cashed nearly 50% of its Spotify shares, according to an announcement from parent Sony Corp. That’s roughly $760 million in cash for th…
Category archives: Wall Street
Spotify Officially Files for Its ‘IPO’ — And Exposes $1.5 Billion In Annual Losses In the Process
Spotify has just filed with the Securities & Exchange Commission (SEC) for its direct Wall Street listing. That is exposing more serious losses than previously thought. But also, a few optimistic signals. It’s another moment for S…
Wall Street Pro Says ‘No Companies That Matter’ Have Succeeded With Spotify’s IPO Strategy
Spotify is either brilliantly disrupting Wall Street or courting absolute disaster — depending on the expert. Spotify proved that streaming music was a business — in fact, the music business of the future. Are they about to upend Wall Street in the sa…
Spotify Is Going Public In Less Than Three Months!
The music world and business community are abuzz with news that Spotify is set to go public on the New York Stock Exchange. Spotify is one of the largest music streaming services with 60 million paid subscribers and over 140 million active users as of …