Tag: Initial public offering

BandPage, Deezer Partner To Deliver Tour Dates, Fan Experiences

Deezer is on the cusp of an IPO that is targeted to add $340 million at a $1 billion valuation.  Today the global music streamer announced a partnership with BandPage that will. Continue reading

Bruce Houghton on 10/15/2015 in D.I.Y. | Permalink | Comments (0)
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Deezer Announces IPO To Fund Battle With Spotify, Apple Music

Because of its comparatively low profile in the US, Deezer is not always mentioned in the same sentence as Spotify and Apple Music.  But in much of the rest of. Continue reading

Bruce Houghton on 09/22/2015 in Music Tech | Permalink | Comments (0)
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SFXE Stock Fell Another 9.5% Wednesday, Analyst Predicts Bankruptcy

[UPDATED] The battered stock of promoter and EDM culture hub SFX Entertainment (SFXE) fell another 9.5% on Wednesday, closing at $1.04. Yesterday, Wall Street's Seeking Alpha said that SFX was running out. Continue reading

Bruce Houghton on 08/19/2015 in Live & Touring | Permalink | Comments (2)
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SFXE Tumbles As Low As $1.03 Tuesday AM, NY Stock Exchange Delisting Now A Possibility

SFXE stock fell another 16.5% on Tuesday morning to $1.12. At one point the stock dropped as low as $1.03 in early trading.  If a stock sells for under $1. Continue reading

Bruce Houghton on 08/18/2015 in Live & Touring | Permalink | Comments (0)
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New Investors Line Up To Give Spotify Another $400 Million

A list of top global investors is emerging as Spotify continues late stage talks to reap an additional $400 million in funding at a valuation of $8.4 billion.  It's no. Continue reading

Bruce Houghton on 04/20/2015 in Music Tech | Permalink | Comments (1)
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SFX CEO Sillerman Makes Offer To Take EDM Conglomerate Private

Let the bidding wars begin! The CEO of SFX has offered to take the EDM giant private.  Today's move is likely to set off a bidding war that includes Live. Continue reading

Bruce Houghton on 02/25/2015 in Live & Touring | Permalink | Comments (0)
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Shareholders Challenge Jay Z’s “Bad” Bid For Aspiro Streaming Music Services

More than 120 shareholders in Aspiro have joined together to challenge Jay Z's $56 million bid to acquire the company's two streaming music services WiMP and high definition music channel Tidal.. Continue reading

Bruce Houghton on 02/24/2015 in Music Business | Permalink | Comments (1)
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How Rhapsody Re-Entered The Streaming Player Competition

Industry analyst Mark Mulligan who pens the Music Industry Blog shares how Rhapsody and its Napster brand are on the road back to becoming a real competitor in the crowded streaming music sector.

Guest Post on 02/16/2015 in Music Business | Permalink | Comments (0)
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Rhapsody, Napster Pass 2.5 Million Paying Subscribers – 60% Growth

Rhapsody and its Napster brand now have more than 2.5 million paid subscribers globally. That's up from 2 million in July, and paces annual subscriber growth a 60%. The increase was. Continue reading

Bruce Houghton on 02/11/2015 in Music Tech | Permalink | Comments (0)
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Music Publishing News Roundup 2.9.16: U.S. Copyright Office, Apple, Beats & Spotify

The US Copyright Office released a music licensing Study on Thursday documenting principles that should guide congress in its plan for music licensing reform. Highlights of the 245 page report include performance. Continue reading

Bob Baker on 02/09/2015 in Music Business | Permalink | Comments (0)
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