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...Sceptics also questioned whether the singer, the second-most streamed artist on Spotify this year, would reach the target demographic for would-be cryptocurrency traders....
...BDB says its client roster grew by 35 per cent last year and, in recent months, brands including Spotify, Diageo, Disney+, Amazon and Dove have committed to spending £11mn with the agency....
...Private equity firms followed Mercuriadis into the music rights space in recent years, as music streaming on platforms like Spotify has transformed returns for potential royalties....
...One model is espoused by Padium — backed by Spotify co-founder Martin Lorentzon — which wants to build fancy clubs in prime locations, such as its new centre in London’s Canary Wharf financial district and...
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...Followers may also download The Row’s monthly playlist, released via Spotify. But if they want a picture of Mary-Kate and Ashley, they’ll have to go elsewhere....
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...He will become executive chair and Barry McCarthy, the former chief financial officer of Spotify and Netflix, will replace him as CEO. 2....
...Tencent has $180bn in stakes in a wide range of companies including Tesla, Spotify, Universal Music and Snap....
...Publishing avoided the fate of music, which fell into a financial chasm before being revived by Spotify and subscription streaming. It carried on going, especially at the top echelon....
...Public markets are full of other plays on the music sector, including publishing houses such as Universal and Warner Music and streaming service Spotify....
...Spotify’s interface, for instance, has become cluttered and confusing since it added podcasts....
...Operating margins of 14 per cent at the end of March compare favourably with Spotify’s losses. The latter holds 8 per cent of Tencent Music’s ordinary shares....
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