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Obtains $200 Million Credit Line In Advance of Possible IPO
one of the world's largest music music subscription
services, has obtained a $200 million credit facility from
lenders which may indicate an initial public stock offering
is in the works, according to a report in
the Financial Times. The credit was financed at
the end of last year by Morgan Stanley, Credit Suisse,
Deutsche Bank and Goldman Sachs.
on Friday (March 7) became the latest entrant into the
highly active streaming-music category with the introduction
of Milk Music, an ad-free radio service distributed
exclusively on Galaxy devices for the U.S.
Network and Disney have reached a landmark deal that
envisions the day when Dish will offer a Netflix-like
TV service to people who'd rather stream TV over the
Internet than put a satellite receiver on their
using Spotify as a promotional tool are missing out on
attracting the die hard fans. The fans that don’t use
iTunes anymore, but will buy your vinyl and t-shirt at your
concert. The fans that will support your PledgeMusic
campaign. The fans that will share your YouTube video to
their Facebook page.
a living from art. It’s what every artist wants.
But it can be hard, particularly for musicians. The
competition is fierce, the supply of music is huge and the
barrier of entry at an all time low, especially for electronic
music. Younger generations only stream and pirate, and
physical sales are declining. Only the most successful
acts are able to make ends meet through just record sales.
spin-offs are generally a big joke.Dogecoin
were never meant to be serious currencies,
they were just created by people who wanted
to have a laugh. Now there’s a new digital
currency that has very real goals and
applications, but achieving these goals
won’t be easy.
Songcoin, a currency meant to improve
financial transactions in the music