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01 Apr, 2020
Tencent Music To Launch USD 1.2 Billion IPO In The U.S.
Tencent Music Entertainment announced on Monday it is moving forward with its plans to launch its highly-anticipated U.S. initial public offering of up to USD 1.2 Billion after global stock markets were boosted by a truce brokered by U.S. and Chines..
Apple Partners With Amazon To Put Music Service On Echo
Apple Inc. (NASDAQ: AAPL) and Amazon.com Inc. (NASDAQ: AMZN) announced on Friday that the iPhone maker’s music-streaming service will be coming to Amazon’s Echo devices in December.The move gets Apple Music onto the most popular voice-co..
Spotify Reported Third-Quarter Financial Results
Spotify Technology S.A. (NYSE: SPOT)on Thursday announced financial results for the third fiscal quarter in line with analysts’ estimates.The music streaming service said total revenue rose 31% to 1.352 Billion euros (USD 1.54 Billion) in the ..
SiriusXM to Acquire Music Streaming Company Pandora For USD 3.5 Billion
American broadcasting company, Sirius XM Holdings Inc. (NASDAQ: SIRI), on Monday announced its intent to buy music streamer Pandora Media, Inc (NYSE: P) in an all-stock deal worth USD 3.5 Billion, making it the largest audio entertainment company in..
Shopify Tops Q1; Shares Fall on Continued Struggle to Profit
Shopify Inc. (NYSE: SHOP) reported its first quarter financial results and topped analysts’ estimates in both earnings and revenue, but shares slipped after continued net loss. Shopify shares were down 4.5 percent during Tuesday’s pre-ma..
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