Music
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April 03, 2018
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Hello!
In celebration of Spotify going public, we have a ton of articles themed around the launch of Spotify's not so public IPO.
Cheers,
Corey
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Billboard
Spotify and one of its oldest friends have parted ways ahead of the company's debut on Wall Street. Swedish telecommunications firm Telia announced it has completed a total divestment of its minority stake in Spotify, in transactions totaling $272 million in private trades.
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Music Ally
The last public estimate of Amazon’s music subscribers was 16 million in October 2018: a stat that covered both its basic-tier Prime Music service and its full Amazon Music Unlimited. How is it growing?
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Josh Constine
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TechCrunch
Facebook is scrambling to add safeguards against abuse of user data as it reels from backlash over the Cambridge Analytica scandal.
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Andrew Hampp
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Billboard
As Spotify prepares to officially become a public company via a direct listing on the New York Stock Exchange tomorrow (April 3), many of its early investors will be enjoying a happy return.
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Chris Welch
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The Verge
Instagram was very quick to remove GIFs from Stories after it was discovered that Giphy — the company responsible for overseeing the GIF library — had let a racist image slip through. (Snapchat also removed GIFs as a result of the incident.) But now the ability to add GIFs to your Instagram Stories is being restored, according to TechCrunch.
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Music Ally
2018 is already a very active year for lyrics-focused company Genius: its latest $15m funding round was revealed in early March, before a partnership with Spotify on a podcast called Déjà Vu which was announced last week.
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Dan Rys
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Billboard
Spotify's much-discussed public listing on the New York Stock Exchange finally arrives on Tuesday and ahead of the big event, co-founder, chairman and CEO Daniel Ek took to the company's blog to pen a letter addressing the situation. In the post, Ek both explains the streaming service's unusual decision to forgo a splashy IPO in favor of a more muted direct listing and lays out his vision for the company's future.
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