Report Confirms That Spotify’s Valuation Has Increased To Well Over $19 Billion

In nine months, Spotify’s valuation has grown over an additional $6 billion.  So, why are investors so worried? Just three months ago, private trading in Spotify shares have valued the company at around $16 billion.  Earlier this year, the company was …

Spotify and Apple Music Competitor Deezer Says They’ll be Profitable in Just 2 Years

Despite its immense popularity around the world, web-based music streaming service Deezer has yet to turn a profit. But according to an interview on BFM business radio, that’s about to change.  Deezer’s managing director Alexis de Gemini, when asked when the service should be profitable, said that the company is aiming to be profitable in […]

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Spotify isn’t the only major music streaming service planning an IPO

China Music Corp. said to be headed for IPO later this year

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