According to the Wall Street Journal, Spotify’s latest financing round — which includes investment from financial institutions like Goldman Sachs — will put the company’s value over $3 billion (for some context, the somewhat similar subscription service Netflix is worth about $4 Billion). Given that Apple’s getting ready to unveil their own streaming service, it’ll be interesting to see how the marketplace evolves as money keeps flowing toward privately-held groups like Spotify Ltd. It’s also interesting amid reports that the company’s current structure is losing tons of money.
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If you go see Travi$ Scott live, you'll see some exciting things. You'll see Scott whirling across the stage, his hair flying in every direction.
Tom Breihan | September 2, 2015 - 11:18 am
Disgruntled VMA-Nominated Director Had A Shitty Time On His Crowdfunded Night Out
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Caitlin White | September 2, 2015 - 10:41 am
The Week In Pop: Making Sense Of Miley Cyrus & Her Dead Petz
Let us begin by appreciating -- if not in the "Yay!" sense, at least the "Wow!" sense -- that the Disney Channel cash cow behind…
Chris DeVille | September 3, 2015 - 4:31 pm
Director Joseph Kahn Defends Latest Taylor Swift Video Accused Of Racism
We're seeing the beginnings of a pattern here: Taylor Swift makes a sleek, high-profile video that seems racially weird in some way or another, and…
Tom Breihan | September 2, 2015 - 4:33 pm