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Music streaming service Spotify on Wednesday filed for an initial public offering of up to $1 billion with the U.S. Securities and Exchange Commission.
Spotify went public on the stock market in April 2018 using a direct public offering rather than an initial public offering. This approach is not intended to raise fresh capital, but to let investors get their returns. [56] [57] [58] Morgan Stanley is the company's slated advisor on the matter. [58]
Popular music streaming service Spotify could be going public later this year. The company is reportedly in informal discussions with potential underwriters to file an IPO for the six-year-old ...
Music streaming giant Spotify officially announced that it has filed to go public, and is targeting a $1 billion IPO. Set to begin trading on the New York Stock Exchange under the ticker "SPOT ...
QQ Music operates under a freemium business model in which basic services are free whilst enhanced features are available on a subscription. However unlike similar subscription service Spotify, labels have the ability to restrict its content to be restricted to subscribing users (known as VIPs or green diamonds) or be purchasable on their website which usually costs around 19 to 20 yuan.
Gaana features music from 21 Indian languages including the major languages such as Assamese, Bengali, Bhojpuri, English, Gujarati, Hindi, Kannada, Urdu, Odia, Marathi, Punjabi, Tamil, Telugu, Maithili, Malayalam and other Indian regional languages. [3] Gaana allows users to make their playlists public so that they can be seen by other users. [4]
Spotify debuts, investors value company at $29.5 billion.
Sean Parker (born December 3, 1979) is an American entrepreneur and philanthropist, most notable for co-founding the file-sharing computer service Napster, and was the first president of the social networking website Facebook.