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-0.000197667523225895 -0.000197667523225895 9.88337616130175E-05 -0.000988337616129754 -0.00168017394742046 -0.00256967780193719 -0.00256967780193719 -0.00256967780193719
Stockreport

Spotify has filed to go public [TechCrunch Blog]

SONY CORP (SNE)  More Company Research Source: TechCrunch Blog
Last sony corp earnings: 8/1 04:03 pm Check Earnings Report
US:NYSE Investor Relations: sony.net/sonyinfo/ir
PDF Spotify has filed to go publicMusic streaming service Spotify is going public and they’ve just unveiled their filing.The documents state that it is targeting a $1 billion IPO, but the company actually plans to go public without the fundraising event.The filing shows that Spotify had 4.09 billion Euros in revenue last year, compared to 2.95 billion Euros the year before. 2015 saw 1.94 billion Euros in revenue.Losses for last year were 1.2 billion Euros, which compares to 539 million Euros the year before.The company is going public under the ticker of “SPOT,” on the New York Stock Exchange.There are some key risks to the business, which Spotify acknowledges in its risk factors.Some are concerned that Spotify is beholden to music rights owners like record labels who could try to jack up their rates during periodic re-negotiations if they think the service becomes too profitable. There are also administrative agencies like the Copyright Royalty Board and trade groups like the American So [Read more]

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