REPORT: SPOTIFY HAS FILED FOR AN IPO (UPDATE)

Spotify filed IPO documents with the SEC at the end of December, according to an Axios report.

Spotify is looking to make a direct listing instead of a standard IPO, which would require upfront fees and a dog-and-pony show to interest investors. Spotify has not commented on the report.

It has been long rumored that Spotify wants to hit the market in the first quarter, and securing deals with the three majors last year was seen as one of the final hurdles to the timing of the IPO. The lawsuit from Wixen for $1.6b might throw a wrench into the plans, but it may just be an added risk factor for investors to consider.

In other Spotify news:

HITS LIST BLASTS OFF
Space is the place for Tay. (4/26a)
SONG STREAMS: SWIFT SETS STREAMING RECORD
What did you expect? (4/26a)
SPRING BREAKOUTS: THESE HEATERS ARE STILL HOT
Who's Boomin who. (4/26a)
SONG REVENUE: “SWEET” SMELLS OF SUCCESS
Life after "Church" (4/26a)
STAGECOACH: SETS TO SEE AND PLACES TO BE
Saddle up, cowboys and cowgirls. (4/26a)
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)