Tag: ipo

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Another report finds that music piracy continues to decline

Published by the Intellectual Property Office (IPO), it's the '11th Wave' of its long-term study of online copyright infringement.
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Will UMG’s IPO be a rising tide that floats other music boats?

Were Goldman Sachs' music industry analysts celebrating last night? They should have been, having predicted in April that Universal Music Group could be worth $53bn.
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Report claims that NetEase Cloud Music has delayed its IPO

Reuters has reported that the IPO has been delayed amid collywobbles over the current regulatory pressure on technology companies in China
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NetEase Cloud Music gets approval to be spun off from NetEase and listed on Hong Kong Stock Exchange

We reported in May that NetEase was aiming to spin off its music streaming subsidiary, Cloud Village – which runs China’s second-biggest music streaming platform NetEase Cloud Music – and it has now secured approval...
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Roblox IPO filing reveals revenues, users… and music threats

Fresh from attracting more than 33 million people to a virtual performance by Lil Nas X, gaming platform Roblox has filed for its IPO, revealing lots more information about its business than has previously been published....
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Vivendi reveals plans for a Universal Music IPO by 2023

Anything Warner Music Group can do, Universal Music can do… later. With WMG having sprung plans for an IPO on the industry earlier this month, now Vivendi has announced that plans are afoot for a UMG public listing too,...
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Music-streaming service Roxi plans to go public later this year

In June, Music Ally reported on the ambitions of British music-streaming firm Roxi (formerly Electric Jukebox) to go public. Now the company has confirmed how it plans to do that. Roxi announced this morning that it has...
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Tencent Music may start trading publicly on 12 December

Hold that speculation that Tencent Music’s IPO may slip into 2019.
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Report suggests Tencent Music IPO could slip to 2019

Will Chinese streaming giant Tencent Music go public this year? Perhaps not. The company delayed its planned IPO from October, but as Reuters reports, the intention was still to float in November. “Now, the last mega US...
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Eventbrite shares spike by 59% on first day of trading after IPO

It's always risky to read too much in to the 'pop' of a company's shares on the day it goes public, although if they sink below their initial price, that's definitely not a good sign.
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Eventbrite aims to raise $200m in IPO at $1.8bn valuation

Ticketing firm Eventbrite has set the terms for its upcoming IPO. The company is planning to raise $200m from selling 10 million shares at a price range of $19-$21. “At the midpoint of the proposed range, Eventbrite would...
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Spotify and SEC meet over IPO bypass plans

Bloomberg is reporting that executives from Spotify met with Securities & Exchange Commission representatives recently to discuss the former’s supposed plan to bypass the traditional IPO path and go the direct listing...