Ahead of Spotify’s Q2 2018 earnings call today, more Wall Street investors are speaking up about their bullish stance on the streaming service’s stock performance, upgrading their rating to “buy” and raising end-of-year price targets to over $200 per share.
A new report from media and tech analyst Brandon Ross of BTIG has revived speculation about a Liberty Media-backed buyout of Live Nation as part of a larger roll-up that could include acquiring iHeartMedia out of bankruptcy and installing Live Nation CEO Michael Rapino to run the whole show.
What is the entire music industry actually worth?
There has never been a more vast, diverse, and readily available body of music to explore. But how does a below-the-megastar-radar artist or band survive the new paradigm?
The satellite radio firm, led by CEO Jim Meyer, added 483,000 new self-pay subscribers during the quarter.
The Beach Boys’ classic lineup – including Brian Wilson – will reunite for a special Q&A session moderated by director Rob Reiner that will air August 10th at 5 p.m. ET/PT on the band’s SiriusXM channel, Good Vibrations.
Festicket, an online booking service for music festivals, is using Spotify to find events featuring artists you like.
It’s no secret that the streaming music industry has become incredibly competitive over recent years with the launch of Apple Music.
