Tag: ipo

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Guvera battling on after IPO blockage

Streaming firm Guvera’s much-discussed IPO was recently blocked by the Australian Securities Exchange (ASX). Now the company is mulling its next moves, including seeking more money from its shareholders.
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Line IPO could raise more than $1bn for social network

Japanese messaging app Line is preparing for its delayed IPO on the Tokyo and New York stock exchanges. The company has announced that it will price its IPO at between $26.50 and $31.50 a share, potentially raising as...
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Report 392 – Burning Question

In our Cover Feature we look at the chaos surrounding both Cür and Guvera and what this tells us about the state of digital music in 2016. The market is tilted towards failure and even long-standing services, despite approaching...
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Deezer files for IPO after €142m of revenues in 2014

Music streaming service Deezer is going public, with plans for an IPO by the end of this year via the Paris stock exchange. According to the Financial Times, Deezer's filing comes after the company generated €142m of...
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Outgoing Twitter CEO: going public caused ‘short-term thinking’

Dick Costolo is on his way out as Twitter CEO, and in one of his final interviews he admitted that going public was a barrier to the company’s “long-term vision”. “You always want to keep focused on the long-term...
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Spotify’s new CFO helped take Netflix and Pandora public

What to do after helping a high-profile subscription-based entertainment service go public? If you’re Barry McCarthy, you join another high-profile subscription-based entertainment service that’s on a path to an IPO....
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Shazam dampens speculation about imminent IPO

“We’ve joined the Unicorn club,” Shazam CEO Rich Riley told The Times in a recent interview, referring to the company’s recent $1bn valuation. “Shazam would be a great public company with a business model driven...
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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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Report claims Spotify is holding ‘practice earnings calls’

The long-awaited Spotify IPO is drawing closer, with a Quartz report claiming that the streaming music service is holding “practice earnings calls”. It suggests that Spotify held one in early May with a group...
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Candy Crush Saga firm King prices its IPO at $7.6bn

Candy Crush Saga firm King prices its IPO at $7.6bn
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Spotify locks down $200m credit line ahead of IPO

Last week, we reported on rumours of Spotify being in discussions with banks to raise a credit facility that suggests it is racing towards an IPO.
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Candy Crush Saga firm King plans $500m IPO

An insight into the bubbly world of mobile gaming in 2014: the company behind Candy Crush Saga is planning to raise $500m in an IPO that could value it at up to $5.5bn.