Wow! Sony Just Cashed 50% of Its Spotify Shares — a $760 Million Payout

When it comes to Spotify liquidation, Sony Music isn’t f—ing around!  The major label has now cashed nearly 50% of its Spotify shares, according to an announcement from parent Sony Corp. That’s roughly $760 million in cash for the major label and umbrella company Sony Corp., across two liquidation events.  The first — a 17.2% […]

The post Wow! Sony Just Cashed 50% of Its Spotify Shares — a $760 Million Payout appeared first on Digital Music News.

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