The secret to Spotify’s public market debut is actually an acquisition it made in 2014. The Echo Nest was powering music recommendations for Beats Music, Rdio, Vevo, and iHeartRadio too before Spotify pulled it out from under them by buying it for a reported $100 million — 90 percent in Spotify equity. That deal paid off big time. Today, in Spotify’s SEC filing to go… Read More
Wednesday, February 28, 2018
Going public pits Spotify’s suggestions versus everyone
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{rss:content:encoded} Going public pits Spotify’s suggestions versus everyone http://ift.tt/2HSlgTB http://ift.tt/2b7MeGl February 28, 2018 at 11:21PM The secret to Spotify’s public market debut is actually an acquisition it made in 2014. The Echo Nest was powering music recommendations for Beats Music, Rdio, Vevo, and iHeartRadio too before Spotify pulled it out from under them by buying it for a reported $100 million — 90 percent in Spotify equity. That deal paid off big time. Today, in Spotify’s SEC filing to go… Read More
The secret to Spotify’s public market debut is actually an acquisition it made in 2014. The Echo Nest was powering music recommendations for Beats Music, Rdio, Vevo, and iHeartRadio too before Spotify pulled it out from under them by buying it for a reported $100 million — 90 percent in Spotify equity. That deal paid off big time. Today, in Spotify’s SEC filing to go… Read More
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