Steve Cooper confirms that three-quarters of shares have been cashed in
The post Warner has sold $400m of Spotify stock – and says it will share money with artists and label partners appeared first on Music Business Worldwide.
Tag archives: Spotify
Latest Industry: Jay-Z, G-Eazy, Kanye West, Spotify, Pandora, Live Nation, the RIAA, More…
Spotify + Hulu…and Scribd? According to a new report, Spotify may expand its entertainment bundle to include Scribd’s audiobook service. TechCrunch notes that the company has placed a consumer survey in its mobile app. The surve…
Latest Industry: Jay-Z, Spotify, YouTube, Xiaomi, Meek Mill, Russell Simmons, More…
No longer running with the bulls. Following its Q1 2018 results, Spotify shares have dropped more than 10%. The stock closed Wednesday at $170. Despite reporting better-than-expected earnings, its re-adjusted guidance for its Q2 2018 has sc…
Spotify’s Q1 2018: The Good, the Bad, and the Ugly
Looks like Spotify isn’t going to become the next Netflix after all. Nor will it turn a profit in 2018. Spotify has just published its first quarterly earnings since going public. And the news isn’t pretty. At least, not f…
Spotify subscriber base reaches 75m, as firm’s revenues grow 37% in Q1
Company added an average of 1.3m new subscribers per month in Jan-March
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Latest Industry: Spotify, SoundCloud, Apple, Pandora, Sony/ATV, Snap, More…
Walmart Yodel kid gets 2.13 million streams. Mason Ramsey, otherwise known as the Walmart Yodeling Boy, has another reason to celebrate. Following his deal with Atlantic Records, the 11-year-old singer’s debut single ‘Famous’ ra…
Latest Industry: Post Malone, J. Cole, R. Kelly, Avicii, BTS, Record Store Day, More…
Post Malone goes platinum in just 4 days. The Recording Industry Association of America has certified platinum Post Malone’s sophomore album, Beerbongs & Bentleys. Thanks to the popularity of his hit single, ‘Rockstar,’ the …
Latest Industry: Bob Dylan, Russell Simmons, Spotify, Deezer, Google, Help Musicians UK, More…
Want the economy to do well? Just look at streaming music services and online video games. According to the Bank of England, multiplayer games and music apps like Spotify can give lawmakers a good “sense of what’s going on in the econ…
Tencent takes first steps towards IPO – report
Investment banks reportedly invited to pitch for a role
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Spotify backs Lanco, Jorja Smith, Karol G and Rex Orange County with second wave of RISE initiative
Streaming platform to highlight one of four emerging artists every two weeks
The post Spotify backs Lanco, Jorja Smith, Karol G and Rex Orange County with second wave of RISE initiative appeared first on Music Business Worldwide.