Spotify’s chief content officer Stefan Blom exits at pivotal moment

Stefan Blom is ending his long tenure as chief content officer at Spotify as the music streaming service moves towards an IPO. Stefan Blom is departing from Spotify after 3 years as CCO, as things…

Spotify hits major milestone of 70 million subscribers

Spotify are still the king of streaming and reminded everyone yesterday when they revealed that they now have over 70 million subscribers. Spotify have announced 70 million subscribers, only 4 months since they announced 60…

Apple “acquiring music recognition app Shazam”

New reports suggest that Apple are looking to buy the music identifying giant Shazam in a $400 million deal. TechCrunch has revealed from “sources” that Apple are in the final stages of acquiring Shazam. As…

Spotify just got privately valued at a whopping $16 billion

In private trades involving Spotify the music streaming giant just got an exceptional valuing of roughly $16 billion, signifying bright horizons following a tumultuous year. Spotify have had some difficulty in the past year as…

Alibaba and Tencent precede $10bn IPO by sharing Sony and Universal music

Before embarking on Tencent’s rumoured, enormous $10 billion IPO they have secured a deal with Alibaba to share each others music. Tencent are a giant investment company with their fingers in a multitude of pies, including…

Spotify just signed a deal with Warner, all 3 majors now sorted for streaming

Spotify have secured the 3rd major label allowing them to stream all of the top music owned by the 3 majors; Sony, Universal, and now Warner. It’s been a long time coming but Spotify have…

Spotify are adding 2m users a month as they pass 60m subscribers

It’s been 5 months since Spotify reached the half a million mark for paid subscribers and they’ve already passed 60 million. Spotify have announced their latest milestone, surpassing 60 million subscribers paying for their Premium…

The last major label, Warner, is close to a deal with Spotify

After over a year of uncertainty between labels and the music streaming champion, Spotify look ready to close deals with the last major label. Earlier this year Spotify made their first deal with a major…

Spotify and Sony put behind conflict and sign major deal

Another major label has come to and signed a deal with Spotify cementing their music licenses and making a Spotify IPO more likely. Spotify have spent the past couple years negotiating with the major labels,…

Brace yourselves: Universal Music Group are discussing an IPO

Universal Music Group are the world’s biggest record label making millions every day, and they might open their shares up to the public. After piracy began killing the music industry in the 2000’s, music streaming…