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All Posts Tagged Tag: ‘Daniel Ek’

Taylor Swift’s Faulty Math Gets Smacked Down by Spotify

Taylor Swift is a big name. Her name is bigger than “Spotify.” So when Taylor Swift pulls her music from Spotify, writes an op-ed piece in a major newspaper, talks to news outlets like Yahoo Music, and generally uses her name and clout to press her side of an argument, she is going to get more press. The problem is, …

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Spotify Might Raise $220 Million

According to a source knowledgable on the matter, music streaming service Spotify is on the process of raising hundreds of millions of dollars, with a potential valuation of $4 billion. According to the New York Times, Spotify may ultimately garner roughly $220 million, with possibly $100 million coming from Goldman Sachs. Spotify, based in Sweden, was launched in the U.S. …

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Spotify Sees Sales of $887 Million

Regardless of Spotify’s strained negotiation with the artists whose content it streams, the company reported a turnover of $887 million so far this year, according to CEO Daniel Ek, during an interview with Swedish newspaper Dagens Industri today. In 2011, Spotify raised $100 million in venture capital in its fourth round, from DST, Kleiner Perkins and Accel, achieving valuation of …

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