Spotify stock fell 16.7%, Facebook lost $337 billion in value Thursday
UPDATED: Spotify stocked closed at $159.75 Thursday, down 16.76%. That’s the lowest price since mid May of 2020 and a fall of almost 50% in the last 12 months. Facebook. Continue reading
WMG stock takes hit after earnings report
Warner Music Group stock took a hit Monday despite reporting that Q4 revenue was up 21% last quarter and 15% in the last year. That translated to fourth-quarter earnings WMG. Continue reading
WMG, Sony stock get ‘UMG bump’ as Universal soars 36% on IPO
[UPDATED] Universal Music Group soared 35.68% on Tuesday as the new stock debuted on the Euronext Amsterdam exchange. By day’s end, UMG’s valuation had grown to more than $52 billion,. Continue reading
IHeartMedia [IHRT] Stock Falls On Market Debut
T he largest radio conglomerate in the US, iHeartMedia, became a publicly-traded company again on Thursday, are launching its direct listing. Shares of the company, which just recently emerged from. Continue reading
Spotify 2018 Outlook: 200M Users, 96M Paid, $400M Loss
[UPDATED] Spotify shared its quarterly and yearly outlook in an SEC Monday. Highlights included a prediction of 198-208 million active users including 92-96 million paid, by the end of 2018. But. Continue reading
A Mini Finance Guide For Indie Musicians
Whether you're just getting into the industry or have been at it for a while, chances are good that you'll run into some challenges funding your career. Here we. Continue reading
