SPOTIFY FILES TO GO PUBLIC ON THE NEW YORK STOCK EXCHANGE

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Spotify is a music streaming company and on Wednesday 28 of February 2018, announced that it will go public on the New York Stock Exchange.

 According to my own opinion when it comes down to corporation-level negotiations, an artist will always be at a disadvantage.Self-sufficient bands don’t have legal departments, lobbyists, consultants, piles of cash, or a fan base ranging into the millions that can be used in negotiations. If Spotify can’t sign an independent singer-songerwriter it’s no big deal, but if Spotify doesn’t have access to the entire Universal Music catalog, the streaming service will be severely crippled.

In order for Spotify to survive and keep its losses at minimum, it has to make sure that almost all music or videos are available whether old or new.Its a pity that Spotify is currently unavailable here at South Africa hopeful after it is listed on the New York Stock Exchange it will be available as it saves money.

 

Title : Spotify files to go public on the New Stock Exchange.

Source: THE NEW YORK TIMES.

Link : https://www.nytimes.com/2018/02/28/business/media/spotify-ipo.html




Comments

  1. Unknown2 March 2018 at 06:22

    True. It seems as though they are taking advantage of talented artists

    ReplyDelete
  2. Unknown2 March 2018 at 10:38

    It is a good thing that it will ve available for South Africans

    ReplyDelete
  3. Unknown2 March 2018 at 10:39

    It is a good thing that it will ve available for South Africans

    ReplyDelete
  4. Unknown4 March 2018 at 13:01

    This comment has been removed by the author.

    ReplyDelete

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