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As Spotify Goes Public, Sony Cashes In

As Spotify Goes Public, Sony Cashes In

Author: BEN SISARIO / Source: New York Times Sony said that it sold 17 percent of its equity stake in Spotify on Tuesday, the streaming company’s first day on the New York Stock Exchange, for more than $250 million. In the music industry, one of the biggest...

Spotify’s Wall Street Debut Is a Success

Spotify’s Wall Street Debut Is a Success

Author: BEN SISARIO and MATT PHILLIPS / Source: New York Times The music streaming service Spotify was valued at $26.5 billion at the close of its first day of trading on the New York Stock Exchange Tuesday. Spotify is a hit. On its first day of trading on...

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