Wednesday, August 8, 2018

Warner Music Group sells its entire stake in Spotify for $504M (Jem Aswad/Variety)

Jem Aswad / Variety:
Warner Music Group sells its entire stake in Spotify for $504M  —  UPDATED: In its earnings call on Tuesday morning, Warner Music Group announced that it has now sold its entire stake in Spotify, realizing $504 million.  —  CEO Steve Cooper said that the sale resulted in $126 million …



from Techmeme https://ift.tt/2OeLCRS

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