Tag Archives for " Fortune "

Spotify Finally Goes Public, And Sony Sells Some Of Its Stock

Spotify stock

Spotify finally went public yesterday in a unique direct listing that had Wall Street watching the offering closely. The stock opened at a price of $165.90 per share but fell to $149.01 by the end of the day. The stock dropped down another 8% to $140.02 by midday Wednesday. That said, even at $140 per […]

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November 3, 2016

The Chart That Tells The Music Business Story

music business

Rarely does one chart say so much about how an industry goes as does this one from Fortune. It’s the revenue generated by the recorded music business¬†over the last 40+ years, and it shows the staggering loses that it suffered with the onset of digital music, as well as how the industry has responded to […]

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