RUMOR MILL
Friday, May 12, 2017
SPOTIFY HITS $13B VALUATION
Spotify is now valued at $13 billion, sources tell CBC. According to the same source, the service, which had reportedly been considering a direct listing, will indeed take that unconventional route in its IPO, which is expected between the fourth quarter of 2017 and Q1 of next year.
On 2/2, a source told TechCrunch that some inside Spotify had hoped to target a valuation between $11 billion and $13 billion in a public offering—an “emotional target” in his words. It appears the Daniel Ek and company have hit the bull’s-eye.
But who are these "sources" that continue to favorably advance the narrative?
HIPGNOSIS BOARD APPROVES UPPED BLACKSTONE BID
But it ain't over till it's over. (4/29a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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JAMES KING: THE HITS INTERVIEW (PART ONE)rumor mail
