Spotify’s Big Day

Work & Business

Spotify’s Big Day

Spotify, the Swedish music-sharing sensation, debuted on the New York Stock Exchange for its IPO this morning with a reference price set at $132 a share, according to The Verge. That placed its company value at nearly $24 billion.

Spotify and CEO Daniel Ek have been all over the news the past few weeks, with the Wall Street Journal revealing how Ek once was the music industry’s nemesis and now is seen as a savior.

Other good reads include this piece by Billboard, this one by the New York Times and this one by CNNMoney.

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