Tag: Initial public offering

Does Spotify, Apple Need A New Model To Pay Musicians?

This week, Chris Rizik from SoulTracks.com join Music Biz Weekly podcast co-hosts Michael Brandvold and Jay Gilbert to discuss Chris' essay, “Spotify could kill Jazz, Soul and Classical music. Really”. Continue reading

Bruce Houghton on 05/29/2018 in D.I.Y. | Permalink | Comments (0)
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TOP POSTS: This Week’s Most Read Posts On Hypebot

This week, Hypebot's Hot 100 most read post included a look at Spotify and Instagram's plan to tag team on music sharing, Childish Gambino's explosive new video, the Chinese streaming. Continue reading

admin on 05/12/2018 in Music Business | Permalink | Comments (0)
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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

Bruce Houghton on 05/07/2018 in Major Labels | Permalink | Comments (0)
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With US IPO, Tencent Is Set To Become Next Big North American Streaming Company

Chinese streaming company Tencent Music is rumored to be headed for an Initial Public Offering in the very near future, with a valuation high enough to make it the fourth. Continue reading

Guest Post on 05/07/2018 in Music Business | Permalink | Comments (0)
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TOP POSTS: This Week’s Most Read Posts On Hypebot

This week on Hypebot, our most popular posts covered changes at DistroKid, how Spotify's claim that streaming habits mirror purchasing habits is false, how artists can avoid being boring, and. Continue reading

admin on 05/05/2018 in D.I.Y. | Permalink | Comments (0)
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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

Bruce Houghton on 05/04/2018 in Live & Touring | Permalink | Comments (0)
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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

Bruce Houghton on 05/03/2018 in Music Business | Permalink | Comments (0)
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Spotify Stock Rising Ahead Of Today’s Earnings Report

Spotify [NYSE: SPOT] climbed all day ahead of a today’s earnings report. The stock was up 4% to $170.50, as of 2:45 ET. This, the streamer’s first report since going. Continue reading

Bruce Houghton on 05/02/2018 in Music Business | Permalink | Comments (0)
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Tencent Plans $4B US IPO That Also Benefits Spotify

Tencent Music, China’s largest music streamer, has reportedly invited investment bankers to pitch how they can guide the company through a U.S. IPO valued as high as $4 billion later. Continue reading

Bruce Houghton on 05/01/2018 in Music Business | Permalink | Comments (0)
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Streaming Habits Mirror Purchasing Habits: The Big Lie Of Spotify [David Lowery]

A theory often perpetuated by Spotify maintains that streaming will yield more revenue than downloads or traditional retail sales, as it generates money for the artist with every play, as. Continue reading

Guest Post on 04/30/2018 in Music Business | Permalink | Comments (2)
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