Streaming music

Streaming music provider Spotify has released its first-ever guidance ahead of its highly anticipated April 3 initial public offering. What Happened Spotify expects to grow its total paid subscriber base from 71 million users in 2017 to as many as 96 million by the end of 2018, Recode said....

Pandora Media Inc (NYSE: P)'s $145-million acquisition of the digital audio ad technology company AdsWizz justifies a bullish stance on the stock, according to Raymond James The Analyst Raymond James' Justin Patterson upgraded Pandora Media from Market Perform to Strong Buy with a...

The largest American radio broadcaster, iHeart Media, said Wednesday it has reached an agreement in principle with its debt holders and financial sponsors that would allow it to continue operating its business, The Wall Street Journal reported. What Happened The agreement allows iHeartRadio...

Streaming music provider Spotify was reportedly worth more than $19 billion at the end of 2017 and could be worth as much as $70 billion in just three years, according to MKM Partners. The Analyst MKM Partners analyst Rob Sanderson commented on Spotify's upcoming initial public offering. MKM...

Apple Inc (NASDAQ: AAPL)'s Services category is a key growth driver for the company, with the segment seeing 24-percent revenue growth in fiscal 2017. Apple Music remains a core component of Apple’s Services, growing 91 percent year-over-year to $2 billion in revenue last year despite...

Pandora Media Inc (NYSE: P) reported its fourth quarter results, which emphasized the bullish case for owning the stock, according to William Blair. The Analyst William Blair's Ralph Schackart maintains an Outperform rating on Pandora Media's stock. The Thesis Pandora reported a revenue...

Music streaming service Spotify may soon be the first blockbuster market debut of 2018. Last week, Spotify filed the papers to take its business public, but there are still a lot of moving parts surrounding the company’s turn to public trading. Here’s an overview of everything investors...

Apple Inc. (NASDAQ: AAPL) beat out multiple rivals, including Spotify and Snap Inc (NYSE: SNAP), in acquiring the music and image recognition platform Shazam, TechCrunch reported. What You Need To Know Apple didn't disclose the price tag on its latest acquisition, but sources close to the...

Analysts at JPMorgan aren't sticking around to wait for Pandora Media Inc (NYSE: P)'s turnaround. The firm's Doug Anmuth downgraded Pandora's stock rating from Overweight to Neutral and slashed its price target from $14 to $9. Pandora's third-quarter earnings report sent shares...

Pandora Media Inc (NYSE: P)'s earnings and outlook portrayed to investors a "sound" turnaround strategy, but it will take time before any signs of success are seen. Accordingly, Stifel's John Egbert downgraded Pandora's stock from Buy to Hold with a price target lowered from $...

Shares of Pandora Media Inc (NYSE: P) lost around one-quarter of their value Friday in reaction after the streaming service reported third-quarter EPS and sales misses. Not all of Wall Street wants to change the station. Count Canaccord Genuity's Michael Graham among them: He maintained a Buy...

Shares of Pandora Media Inc (NYSE: P) collapsed nearly 20 percent and traded notably below its 52-week low of $6.76 early Friday after the company reported third-quarter results. But not all of Wall Street is ready to throw in the towel, including Morgan Stanley's Benjamin Swinburne, who...

Spotify, the popular streaming music platform, could be worth $20 billion during a future initial public offering, CNBC said in a report citing GP Bullhound. Investors will likely want to jump in on the IPO as the company would be worth as much as $55 billion by 2020 — only to rise to $100...

The surge in popularity over the years of Amazon.com, Inc. (NASDAQ: AMZN)'s Prime membership program has proven to be a successful one for the company, Statista reported. Amazon's Prime membership kicked off back in 2005 for a yearly cost of $79 but has since been raised to its current...

Investors could soon be treated with an interesting concept for an initial public offering. Royalty Flow, a new subsidiary of Royalty Exchange, a premier online marketplace for music and media royalties, has made its intentions to file for an IPO public. Royalty Flow is looking to raise between $11...