Warner Music Pitches IPO on Streaming Surge
The record label believes "consumer adoption of paid streaming services still has significant potential for growth.”
Spotify Shares Gain 14% on Surprise Q3 Profit
The quarter also beat the company's expectations for subscriber growth, gross margins and operating profit.
SiriusXM Adds Pandora to Music Box for $3.5B
The deal for the music-streaming service "represents an exciting next step in our efforts to expand our reach out of the car even further," SiriusXM says.
Spotify Kicks off Direct Listing With ‘Good Day’
The music-streaming service's stock closes 13% above the reference price on its first day of trading.
Spotify Files for IPO Through Direct Listing
The music-streaming service warns that "an active, liquid, and orderly trading market" for its shares "may not initially develop or be sustained.”
Spotify Records Widening Losses
The music streaming company is said to be considering a direct listing on the NYSE within the year.
Sirius Eyes Streaming With Pandora Investment
The satellite radio leader will invest $480 million in Pandora as the music-streaming service moves into direct competition with Apple Music and Spotify.