Spotify is now valued at $13 billion, sources tell CBC. According to the same source, the service, which had reportedly been considering a direct listing, will indeed take that unconventional route in its IPO, which is expected between the fourth quarter of 2017 and Q1 of next year.
On 2/2, a source told TechCrunch that some inside Spotify had hoped to target a valuation between $11 billion and $13 billion in a public offering—an “emotional target” in his words. It appears the Daniel Ek and company have hit the bull’s-eye.
But who are these "sources" that continue to favorably advance the narrative?
![]() Record-breaking heat wave in the forecast. (9/6a)
![]() This oughta be interesting. (9/6a)
![]() We're putting our asses in seats. (9/4a)
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THE GRAMMY SHORT LIST
Who's already a lock?
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
ALL THE WAY LIVE
The players, the tours, the enormous beers.
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