Tag archives: Spotify

Sony’s stake in Spotify worth $1.5bn, as streaming company finishes opening day on NYSE with $26.5bn valuation

Spotify valuation slips 9.8% from opening trade – but Daniel Ek will be happy
The post Sony’s stake in Spotify worth $1.5bn, as streaming company finishes opening day on NYSE with $26.5bn valuation appeared first on Music Business Worldwide.

Hacked Spotify subscriptions selling on the dark web for $0.21 – report

Subscription to Spotify going for a tiny fraction of its original price says the Dark Web Market Price Index
The post Hacked Spotify subscriptions selling on the dark web for $0.21 – report appeared first on Music Business Worldwide.

Swedish telco firm Telia sells Spotify stake for $272m, avoiding stock market uncertainty

Deal suggests that Spotify’s current valuation must be at least above $19.4bn
The post Swedish telco firm Telia sells Spotify stake for $272m, avoiding stock market uncertainty appeared first on Music Business Worldwide.

Apple Music, Not Spotify, Ranks as the Most Popular Music Streaming Service

Spotify’s splashy direct listing is next week.  But are investors buying into something second-best? Last month, the Wall Street Journal published a surprising report.  According to the newspaper, this summer, Apple Music, not Spotify, …

The exclusives war between Apple Music and Spotify is back on… but this time, it’s video

Apple unveils new library of video content as Spotify nabs Taylor Swift exclusive
The post The exclusives war between Apple Music and Spotify is back on… but this time, it’s video appeared first on Music Business Worldwide.

Less than 1% of artists are ‘top tier’ earners on Spotify? So what!

Musician and synch agent Josh Collum offers a more positive take on Spotify’s numbers
The post Less than 1% of artists are ‘top tier’ earners on Spotify? So what! appeared first on Music Business Worldwide.

Simon Fuller: ‘The identity of artists is being lost on streaming platforms’

Artist manager and entrepreneur speaks out about his concerns for the future of the music business
The post Simon Fuller: ‘The identity of artists is being lost on streaming platforms’ appeared first on Music Business Worldwide.

Spotify expects to have close to 100m paying subscribers by the end of 2018

Premium growth to remain flat on 2017, forecasts company – but user base to top 200m
The post Spotify expects to have close to 100m paying subscribers by the end of 2018 appeared first on Music Business Worldwide.