Going public pits Spotify’s suggestions versus everyone

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 MoreOriginal Article

Be the first to comment

Leave a Reply

Your email address will not be published.


*