Initial public offering

  1. Spotify Said to Be Training for Its IPO, Practicing Earnings Calls (Report)

    June 23, 2014 10:20 AM EDT Since early this year, Spotify has been dropping hints that it may go public in the near future -- namely, obtaining a $200 million credit line ,  posting a job listing for an "External Reporting Specialist,"  and acquiring music intelli ...

  2. Spotify Obtains $200 Million Credit Line In Advance of Possible IPO (Report)

    March 10, 2014 12:46 AM EDT Spotify, one of the world's largest music music subscription services, has obtained a $200 million credit facility from lenders which may indicate an initial public stock offering is in the works, according to a report in the Financial Time ...

  3. Robert F.X Sillerman On SFX's IPO, Stock Prices, Future Acquisitions, Afrojack

    October 10, 2013 2:06 PM EDT Yesterday afternoon, the scene at NASDAQ's MarketSite in Times Square was something out of a Fellini film, but in place of clowns or strongmen: Buttoned-up bankers, traders, financial analysts, a tight security detail, an exceedingly tall D ...

  4. Business Matters: First Day of SFX Trading Highlights Intricacies of IPO Market

    October 09, 2013 7:50 PM EDT SFX Entertainment had a market value of $1.05 billion on Tuesday evening (Oct. 8). By the following afternoon, after SFX’s first day on the Nasdaq, the company’s market value had fallen to $919.2 million. That's the IPO market for you.   An ...

  5. SFX Shares Fall Below IPO Price on First Day of Trading

    October 09, 2013 12:19 PM EDT Shares of SFX Entertainment were trading at $10.84 at midday Wednesday, about 16.5% below the $13 initial public offering price .   SFX offered 20 million shares priced at $13.00 a share, raising $260 million and valuing the company at just over ...

  6. What Does Twitter's IPO Mean To The Music Biz? Not A Whole Lot (Analysis)

    October 04, 2013 12:45 PM EDT Twitter is hoping to raise $1 billion in an initial public stock offering. What does it mean to the music business? Not a whole lot. An IPO is a confirmation of a company's revenue-generating capabilities and business model. Twitter would ...

  7. Twitter's IPO Treatise Hints at Growth, Attempts to Turn Profit

    October 04, 2013 10:00 AM EDT Twitter, a privately held company built on blurbs, has finally laid itself bare in documents that read more like a treatise than a tweet. The roughly 800-page filing Twitter Inc. released late Thursday on its way to an eagerly anticipated IPO co ...

  8. Twitter Unseals IPO Filing, Cites $317 Million in Revenue Last Year

    October 03, 2013 5:29 PM EDT Twitter has unsealed the documents for its planned initial public offering of stock and says it hopes to raise up to $1 billion. The company is also disclosing that it generated $317 million in revenue in 2012 and that it has more than 215 milli ...

  9. Twitter Files For IPO

    September 12, 2013 5:35 PM EDT In a Tweet (what else?), the Silicon Valley micro-blogging service said it had filed papers with the U.S. Securities and Exchange Commission outlining a proposal to sell shares in the company on the open market. Those looking for details of its ...

  10. Business Matters: A $3 Billion Valuation Brings Spotify Expectations Back to Earth

    November 12, 2012 6:10 PM EST News that Spotify raised money at a $3 billion valuation and generated $200 million in revenue in the first half of 2012 is more like the sound of air being let out of a tire rather than a bursting bubble. The company has been hyped more than any ...

  11. Zynga COO Leaves Company

    August 08, 2012 8:50 PM EDT Two weeks after Zynga reported lousy quarterly financial results, sending its stock price into a tailspin, the company has revealed in a regulatory filing that COO John Schappert is resigning as an executive and board member. News of Schappert ...

  12. Facebook's Stock Tumbles After First Public Quarter

    July 26, 2012 4:48 PM EDT Facebook's first earnings report as a public company had solid numbers, but in the end it landed with a thud - much like its rocky initial public offering two months ago. Facebook reported stronger-than-expected revenue and a gain in user num ...

  13. Business Matters: Music and Entertainment Stocks Got Beat Down Friday But Are Faring Well in 2012

    June 01, 2012 6:44 PM EDT Stocks Down Friday, But Doing Well Overall Friday was rough for the U.S. stock market but was especially brutal for music-related stocks. Some declines were triple -- or close to it -- the declines of 2.2% for the Dow and 2.8% for the Nasdaq. Even ...

  14. Business Matters: Facebook's IPO Could Have Just Killed Some Digital Music IPOs

    May 29, 2012 6:14 PM EDT Facebook IPO Issues May Deter Vevo and Spotify Facebook's problematic IPO has not only resulted in investor lawsuits and questions about the Nasdaq, it could have killed or postponed the IPO aspirations of Vevo and Spotify. Both companies hav ...

  15. Business Matters: Bono Will Make Maybe $10 Million, Not $1.5 Billion, From Facebook's IPO

    May 18, 2012 3:26 PM EDT Bono Will Make Millions -- But Not Billions -- Off Facebook's IPO Bono is rich but not as rich as you have been led to believe in the last few days. A report at NME.com , which was picked up by Spinner, Huffington Post and the New York Post ( ...

  16. Facebook's IPO is One of World's Largest

    May 18, 2012 7:39 AM EDT NEW YORK (AP) -- Facebook is about to find out just how much status updates, puppy photos and billions of "likes" are worth on Wall Street. GM Vs. Ford: Companies Ask If Advertising on Facebook Pays? Facebook's stock is set to begin ...

  17. Spotify Raising Funding at $4 Billion Valuation: Report

    May 17, 2012 2:49 PM EDT Music subscription service Spotify is raising money at a $4 billion valuation, according to a report Thursday at the New York Times . The report says Goldman Sachs is set to invest $100 million and the round -- which will not close for "many ...

  18. GM Vs. Ford: Companies Ask If Advertising on Facebook Pays?

    May 17, 2012 6:45 AM EDT NEW YORK (AP) -- Responding to extraordinary demand, Facebook said Wednesday that it would sell more stock in the company's initial public offering. But ahead of the IPO, a debate emerged between two of the nation's largest automakers: D ...

  19. Facebook Boosts IPO Shares By 25 Percent

    May 16, 2012 9:28 AM EDT NEW YORK (AP) -- Facebook says 25 percent more shares will be sold as investors clamor for shares in the year's hottest stock offering. Facebook said in a regulatory filing Wednesday that about 421 million shares will be sold, up from 337 mil ...

  20. Facebook Now Valued at Up to $95B in IPO Price Range

    May 04, 2012 6:15 AM EDT NEW YORK (AP) -- Facebook, the company that turned the social Web into a cultural and business phenomenon, is worth as much as $95 billion, according to the price range for its upcoming initial public offering of stock. Facebook's IPO, expect ...

  21. Facebook IPO Aiming For May 17 (Report)

    April 19, 2012 2:30 PM EDT Ever since Facebook announced it would be filing for an IPO Feb. 1, speculation has been widespread as to when the company would officially go public. With reports stating the company was aiming for late May coming as far back as January , TechCru ...

  22. Facebook Leaning Toward Nasdaq: Report

    April 06, 2012 7:15 AM EDT NEW YORK (AP) -- Facebook will list its shares with Nasdaq, according to media reports. That would be a big win for the Nasdaq, which competes fiercely with NYSE Euronext Inc., especially for an initial public offering as large as Facebook's, ...

  23. Australian Music Service Guvera to Hire Phil Quantararo Ahead of U.S. IPO

    March 29, 2012 4:14 PM EDT Guvera, the Australian-based music startup whose business model offers members the ability to stream and download music using an ad-supported interface, is making a big U.S. push, and they're hiring a big industry name in order to do it. The ...

  24. Facebook Files For IPO, Hopes to Raise $5 Billion

    February 01, 2012 5:21 PM EST NEW YORK (AP) -- Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University. That means anyone with the ...

  25. Business Matters: Is Facebook Filing a $5 Billion IPO Wednesday?

    January 31, 2012 9:44 PM EST Is Facebook Filing a $5 Billion IPO Wednesday? -- Facebook may file with the SEC on Wednesday to raise $5 billion through an initial public stock offering, according to a report at International Financing Review. A $5 billion IPO is lower than rec ...

  26. Report: Facebook May File For IPO Next Week, Could Raise $10 Billion

    January 27, 2012 4:05 PM EST LOS ANGELES (AP) - Facebook could file regulatory papers as early as Wednesday for its highly anticipated initial public offering of stock, according to a newspaper report. Facebook's expected launch as a publicly traded company is the most h ...

  27. Facebook To Seek $10 Billion in IPO, According to Report

    November 29, 2011 9:00 AM EST Facebook might finally be laying down the groundwork for a highly anticipated initial public offering, long expected to take place sometime after April 2012. The Wall Street Journal is reporting that the world's largest online social network ...

  28. Groupon Raises $700 Million With IPO at $20 Per Share

    November 04, 2011 8:11 AM EDT SAN FRANCISCO (AP) - Daily deals pioneer Groupon raised about $700 million with an initial public offering of stock priced well above expectations. The IPO was set late Thursday at $20 per share, above the anticipated range of $16 to $18. The high ...

  29. Business Matters: Shrinking IPO Market Hurt Venture Capital in Q3

    October 11, 2011 8:15 PM EDT Shrinking IPO Market Hurt Venture Capital in Q3 -- Venture capital fundraising fell to an eight-year low in the third quarter, according to the National Venture Capital Association (NVCA). Firms raised $1.7 billion in the quarter, down sharply fro ...

  30. Business Matters: Skullcandy IPO Shows Market Interest in Premium Headphones

    July 25, 2011 5:34 PM EDT Market On Premium Headphones: Outlook Good -- Last week's IPO by headphone maker Skullcandy indicates investors see potential in the growing market for premium headphones. The company sold 9.4 million shares at $20, which was above the $17-$1 ...

  31. Business Matters: As Pandora Stock Rises (Past Its IPO), How Does Its Market Value Compare to Peers?

    July 01, 2011 1:03 PM EDT As Pandora Stock Rises (Past Its IPO), How Does Its Market Value Compare to Peers? -- Pandora Media's turbulent stock market ride continues this week as shares of the newly public company have risen over 50% primarily on speculation the compa ...

  32. Zynga May File for IPO Tomorrow, Source Says

    June 28, 2011 6:18 PM EDT Online social game company Zynga plans to raise $1.5 billion to $2 billion in an initial public offering and could file paperwork with U.S. regulators as soon as Wednesday, a source familiar with the situation said on Tuesday. Zynga, the company b ...

  33. Shazam Raises $32 Million to Expand Music, TV Services

    June 22, 2011 10:35 AM EDT Shazam , whose technology lets people use their cell phones to learn the names of songs, has raised $32 million in funding to bolster expansion plans and move the company closer to a potential public stock offering. The new funding, led by venture ...

  34. Five Things Not To Expect From Pandora Post-IPO

    June 17, 2011 5:33 PM EDT Pandora's IPO has brought new expectations for both the company and digital music in general. There has been chatter about what its IPO means to digital music, how its product will change and how quickly it will tackle International expansion ...

  35. Pandora's Stock Retreats To Below IPO Price

    June 16, 2011 8:08 PM EDT Buyer's remorse already may be setting in for some investors in Internet radio station Pandora Media. After intense demand drove up the price for Pandora's initial public offering of stock, the shares plunged by as much as 11 percent dur ...

  36. Pandora Ends First Day of Public Trading Up Just 9%, But Worth More Than Live Nation, Warner Music Group

    June 15, 2011 5:38 PM EDT For a brief moment on the opening day of trading of Pandora's stock, the company had a market value of $4.2 billion - over three times that of Warner Music Group's current $1.28 billion market value. But after the company's shares r ...

  37. Business Matters: Pandora Goes Public During Market Downturn, Not That it Matters

    June 15, 2011 5:10 PM EDT Pandora Goes Public During Market Downturn -- Not That it Matters -- Pandora's successful IPO arrives as the broader stock market has gone through a slump. But the timing isn't necessary bad. A cloudy market shouldn't be a problem f ...

  38. Music Companies: History Shows That a Successful IPO Does Not Guarantee a Good Investment

    June 15, 2011 12:12 PM EDT Today's IPO of Internet radio company Pandora is sure to put even more of a spotlight on digital music. The company raised its IPO price to $16 - it was originally slated to go between $9 and $11 - and it added another 1 million shares to the ...

  39. Pandora Shares Rise 50% In First Minutes of Trading After IPO

    June 15, 2011 10:56 AM EDT Shares of Pandora Media were up as much as 51% on their first morning of trading on the New York Stock Exchange. The successful IPO and subsequent rise in share prices means Pandora has become one of the most valuable music-related companies in th ...

  40. Pandora IPO Prices Above Expectations at $16 per Share

    June 14, 2011 8:20 PM EDT NEW YORK - Online music service Pandora Media late Tuesday priced its initial public offering of 14.7 million shares at $16, above the previously targeted $10-$12 target range. That means that the move to go public will generate $235 million in pr ...

  41. Five Questions We Have About Pandora's IPO Tomorrow

    June 14, 2011 5:03 PM EDT By all accounts, tomorrow is the day Pandora puts 14.7 million shares of stock on sale to the public , equal to about 20% of its total equity. At an offering price of between $10 - $12 a share, that would raise around $146 million and value the co ...

  42. Facebook Looking at IPO in First Quarter: Report

    June 13, 2011 4:00 PM EDT Facebook is preparing to file for an initial public offering as early as October or November that could value the popular social networking site at more than $100 billion, financial news channel CNBC reported on Monday. Goldman Sachs is leading th ...

  43. Business Matters: Pandora Raises IPO Price, BTIG Analyst Advises Investors to Pass

    June 10, 2011 4:14 PM EDT Pandora IPO: Bulls vs. Bears -- Pandora is feeling good about its initial public offering of common stock. The company has upped the number of shares and its target price for its IPO, according to a revised S-1 SEC filing . The original plan was t ...

  44. Business Matters: Pandora Thinks Its IPO Could Net It $33 Million

    June 03, 2011 3:14 PM EDT Pandora Thinks Its IPO Could Net It $33 Million Pandora is hoping its IPO will raise a total of about $141 million. If you've read about the IPO in the news, that's the number being used as the total amount of proceeds the company will r ...

  45. Zynga to File for IPO: Report

    May 25, 2011 7:19 AM EDT Zynga is set to file for its initial public offering as early as this week, All Things Digital reports. It would be the latest in recent IPOs of several Internet companies, including LinkedIn and Russian search giant Yandex. Zynga's valuation ...

  46. LinkedIn Raises IPO Ante Amid High Investor Demand; Valued at Over $4 Billion

    May 18, 2011 7:36 AM EDT SAN FRANCISCO - Investors are clamoring to connect with the online networking service LinkedIn Corp. in the latest sign of the fervor for Internet companies that specialize in bringing together people with common interests. The demand to buy a pie ...

  47. Pandora Files for IPO, Seeks to Raise $100 Million

    February 11, 2011 7:01 PM EST Popular Internet radio service Pandora is tuning up for an IPO later this year. The company outlined its plans for an initial public offering of stock in a Friday filing with securities regulators. The documents indicated Pandora will seek to rais ...

  48. Google Awards $100 Million To Eric Schmidt

    January 24, 2011 12:00 AM EST Google Inc. has awarded $100 million worth of equity to Eric Schmidt, who is stepping aside as CEO but will stay with the company as executive chairman. Google said in a regulatory filing on Monday the stock and stock options will be granted on Fe ...

  49. Analysis: Why a Pandora IPO Would Work

    December 22, 2010 12:00 AM EST While 2010 lacked the type of big-dollar digital music deals of earlier years, 2011 may be different. Personalized online radio service Pandora is said to be considering a mid-2011 initial public offering, according to TechCrunch . These rumors ha ...

  50. Wall Street Lukewarm To Hulu IPO Plans

    August 17, 2010 12:00 AM EDT News that Hulu is talking to investment banks about an IPO that could value it at more than $2 billion is a mouth-watering prospect for bankers. After all, the last huge, true Hollywood IPO was that of DreamWorks Animation in 2004. But the news of ...

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