Tag: goldman sachs

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Goldman Sachs ups its forecasts for music streaming (and UMG)

Financial giant Goldman Sachs’ bullish music industry forecasts have sparked questions in the past about potential conflicts of interest in its work for and/or ownership of shares in companies including Vivendi and Spotify. It’s...
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Goldman Sachs predicts $41bn recorded-music industry by 2030

At our NY:LON Connect conference in January this year, Dot Blockchain boss Benji Rogers caused a stir by making the confident prediction that “we’ll be at $100bn a year as an industry in two years” – albeit with the...
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Spotify tipped for monster $500m funding round

With Spotify having raised $100m in 2012, then $250m in 2013, an IPO has been widely expected as the streaming service’s next step. The company may be buying itself more time before going public, though: the Wall Street...
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Vevo eyeing more partners for sale or investment

The headline of Bloomberg’s report on Vevo possibly hiring Goldman Sachs suggests it’s exploring a “sale”, while the quotes from CEO Rio Caraeff suggest more of a traditional investment for expansion....
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Coca-Cola tipped as new investor in Spotify

The buzz on the blogs and financial sites overnight is that Spotify has closed its long-awaited $100m funding round, which would value the company at $3bn.
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Apple’s iCloud now has 100m users

Apple CEO Tim Cook made a keynote speech at a conference organised by Goldman Sachs yesterday - a rare appearance by an Apple exec at another company's event.
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Apple’s iCloud now has 100m users

Apple CEO Tim Cook made a keynote speech at a conference organised by Goldman Sachs yesterday - a rare appearance by an Apple exec at another company's event.
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Reports suggest partial selloff for Warner Music Group

This has come out of the blue, but reports in the Financial Times and New York Times both suggest that Warner Music Group may be considering selling part or all of its business.