Total 7 Posts

Spotify quits music distribution

Spotify has announced that it is shutting down its Upload Beta Program. The service allowed music artists to upload their songs to Spotify for free and without any middle-men.

Spotify now has 100 million paying users

Spotify has reported it now has 100 million premium subscribers.

The future of music

For many music fans buying costly records or CDs is a quaint and distant memory. It meant collections were limited by budget. Today though, the prevalence of free or cheap streaming and downloading platforms on social media has given music lovers a deafening, near unlimited and often overwhelming choice. Take

Cooking numbers

"And we merrily merrily eatin' off these streams..." - JAY Z, Family Feud Last week TIDAL, a music streaming service owned by JAY Z, came under scrutiny and criticism for allegedly cooking numbers regarding how many times some of the songs on the platform were streamed. This came

Spotify's gutsy direct listing

When Spotify finally went public on the New York Stock Exchange on April 3 as SPOT, it did so in a very unconventional way. For one thing, there was none of the usual fanfare. The CEO didn’t ring the opening bell; in fact, he didn’t even show up.

Spotify makes NYSE debut at approximately $30 billion market capitalization

Spotify kicked off its debut on the New York Stock Exchange (NYSE) by trading and opening at $166 a share. This valued the world's most popular music streaming service at $30 billion market capitalization. This is within the range of valuation as expected by analysts who for many months reported

Spotify announced the date for its IPO following South Africa launch

Spotify has confirmed that it will have its Initial Public Offering (IPO) on the New York Stock Exchange (NYSE) on 3 April 2018. Paul Vogel, Head of Investor Relations at Potify, also added that it will be a direct listing explaining that it was more “transparent and more accessible to