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Wall Street

Live Nation CEO Compensation

Live Nation CEO Michael Rapino Earned 5,414 Times More Than His Company’s Median Employee Pay During 2022, Study Finds

Dylan Smith
August 28, 2023
CTS Eventim financials H1 2023

CTS Eventim Financials Reveal 39% Revenue Growth in H1 2023

Ashley King
August 25, 2023

Tencent-Backed VNG, the Developer of Vietnam’s Leading Music Streaming Service, Files To List on NASDAQ

Dylan Smith
August 24, 2023
Triller signups

Is Triller Wildly Overstating Its User Numbers Ahead of Going Public?

Ashley King
August 22, 2023
Warner dividend

Warner Music Group Institutes a Regular Quarterly Cash Dividend for Shareholders

Ashley King
August 14, 2023
 
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Live Nation faces class action lawsuit from investors

Live Nation Faces Class Action Investor Lawsuit Over Anti-Competitive Business Practices

Ashley King
August 9, 2023
Photo Credit: Live Nation Live Nation faces a class action investor lawsuit as several law firms investigate whether the live events giant lied to investors by failing to disclose anti-competitive business pr... Read More...
ShapesXR seed funding

ShapesXR Secures $8.6M Seed Funding for XR Prototyping

Ashley King
August 9, 2023
Photo Credit: ShapesXR ShapesXR, a VR design and collaboration platform, has announced a $8.6 million seed funding round. The funding round was led by Supernode Global, with Triptyq VC, Boost VC, Hartmann Ca... Read More...
Triller direct listing

TikTok Rival Triller Plans a Direct Listing on the New York Stock Exchange

Ashley King
August 2, 2023
Photo Credit: Triller TikTok rival Triller plans a direct listing on the New York Stock Exchange amid compounded financial woes. Short-form video app and TikTok rival Triller plans to sell its common stock o... Read More...
Spotify CEO Daniel Ek dumps shares

Spotify CEO Daniel Ek Dumps $100 Million in Spotify Shares

Ashley King
July 27, 2023
Photo Credit: Felipe Pelaquim Spotify CEO Daniel Ek has dumped 675,000 Spotify shares worth around $100 million, according to SEC filings shared with DMN. What does Daniel Ek know that we don't? The Spotify ... Read More...
BMI sell itself

BMI Is Apparently Trying to Sell Itself Again — Any Takers?

Ashley King
July 25, 2023
Photo Credit: Justin Higuchi / CC by 2.0 BMI is in renewed talks to sell itself again after buyers balked at a multi-billion price tag in 2022. Broadcast Music Inc (BMI), the performance rights organization ... Read More...

Spotify Stock (NYSE: SPOT) Woes Continue — Shares Plummet by Over 14% Following Q2 Earnings Release

Dylan Smith
July 25, 2023
Spotify stock (NYSE: SPOT) suffered a double-digit valuation falloff today following the release of the streaming company's Q2 2023 earnings report. Spotify stock (NYSE: SPOT) plummeted by close to 15 percent... Read More...
Sirius XM shares decline

Sirius XM Shares Suffer Worst Single-Day Decline After Skyrocketing Last Week

Ashley King
July 25, 2023
Photo Credit: Google Sirius XM shares are in free fall after a short squeeze event sent SIRI stock skyrocketing last week. Here's the latest. The SIRI stock saw its biggest one-day percentage gain since Marc... Read More...
Spotify stock price increase

Spotify Stock (SPOT) Drops 5% Following Price Increase Announcement

Ashley King
July 24, 2023
Photo Credit: Heidi Fin Spotify (SPOT) shares dropped more than 5% on Monday after announcing plans to raise its premium subscription prices to follow competitors like Apple Music and YouTube Music. Spotify ... Read More...
Sirius XM stock raises

Sirius XM Stock Surges 42% in One Day, Triggers Multiple Trading Halts

Ashley King
July 20, 2023
Photo Credit: Google Sirius XM stock (SIRI) surged more than 42% today on abnormally high volume. The stock was halted several times over the course of the day. The stock's average trading volume over the la... Read More...
Spotify Health Care

Spotify CEO Branches Out Into Health Care—Raising $65M for Neko Health

Ashley King
July 13, 2023
Photo Credit: Neko Health Spotify CEO Daniel Ek's health start-up Neko Health has raised $65 million in a Series A funding round. The funding round was led by Lakestar, with participation from Atomico and Ge... Read More...
TikTok cash out

ByteDance Is Now Allowing US-Based TikTok Employees to Cash Out Shares Pre-IPO

Ashley King
July 13, 2023
Photo Credit: Markus Spiske TikTok owner ByteDance is allowing some US-based employees to cash out shares before an IPO. The report from Reuters says the move is "aimed at appeasing restless employees who ha... Read More...

Apple Stock (NASDAQ: AAPL) Hits $3 Trillion Market Cap as Spotify Regulatory Showdown Heats Up

Dylan Smith
June 30, 2023
Apple stock (NASDAQ: AAPL) has once again topped a $3 trillion market cap. Photo Credit: Sumudu Mohottige As it digs in amid a long-running regulatory showdown in the EU – while fending off lawmaker scrutiny ... Read More...
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