Wednesday, June 10, 2015

Spotify raises millions to counter Apple Music – Liberation

First come and leader in the music streaming market with 75 million users and 20 million subscribers, Spotify does not intend to be crushed by Apple. At the time the firm Apple introduced its new service Apple Music, the Swedish company buckled one of the largest fundraising since its launch in 2008: € 465 million contributed by the elite of Wall Street investors. The transaction, which values ​​Spotify to 7.5 billion euros, brings some ammo to the pioneering music on demand to counter …

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