Reservoir Media trading on NASDAQ is an ‘important milestone’
Indie music’s Reservoir Media [NASDAQ: RSVR] stock is now trading publically, something CEO Golnar Khosrowshahi is calling an “important milestone” for both the company and the entire industry. Reservoir Media. Continue reading
Spotify Stock Hits All Time Low And It’s Going To Go Lower [NASDAQ: SPOT]
Spotify stock closed down 4.14% on Thursday at $114.54, it's lowest closing price ever. A down market may be accelerating the streamer's decline, but as Chris Castle dove into Spotify's. Continue reading
Spotify Sees $1.5B Tencent Windfall As Stock Hits New Low (NASDAQ: SPOT)
The value of Spotify's stake in Tencent Music nearly double when the Chinese music streamer went public on the New York Stock Exchange last week. Spotify's windfall could top $1.5. Continue reading
Tencent Music IPO’s At Reduced $12.3B Valuation
Tencent Music [TME] will launch its scaled down U.S. IPO on Wednesday. China's largest music streamer priced shares at $13 ahead of its NYSE listing hoping to raise $1.1 billion. The. Continue reading
Spotify [SPOT] Stock Up 11.5% In June, Set To Rise More
Spotify stock rose 3.24% Tuesday, closing at $175.98. That's an 11.5% jump in the last month at a time when the overall S&P 500 rose just +0.22%. The increase came after. Continue reading
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
Spotify’s Investor Narrative Is The Best Is Yet To Come
Spotify filed for its first public stock offering yesterday, and with it came a mixed bag of stats from the music streamer. Analyst Mark Mulligan turns his critical eye to. Continue reading
Royalty Exchange Makes Eminem, Other Major Song Catalogs Available To Fan Investors
Royalty Flow, a new venture from digital royalties marketplace Royalty Exchange announced that the company plans to buy a stake in the royalty stream from rapper Eminem's recorded music catalog,. Continue reading
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
