Warner makes $500 million on Spotify

Warner makes $500 million on Spotify

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norman lebrecht

August 08, 2018

Warner Music, which offloaded 75% of its Spotify shares after the streaming firm listed on the New York Stock Exchange in April, has now got rid of the rest.

Total profit: $504 million.

Any of this going back into music?

Comments

  • Ricardo says:

    no
    not to the musicians eitner

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