Spotify IPO Watch: Buy High, Sell Low — Music Tech Solutions

Music Technology Policy

If the Spotify “DPO” actually does trade at $132, it will probably be the highest valued IPO stock ever. Most IPOs have a restriction (called “lockup agreements”) on when employees can sell their shares to avoid a rush for the exits.).

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Spotify IPO Watch: Making it Up on Volume or See SPOT Run

Music Technology Policy

It’s still early days for the Spotify public offering (more correctly called a “DPO” for “direct public offering” but since no one knows what that means, I used IPO in the headline). By setting its IPO price at $165.90 Spotify IPO

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Trending Sources

The Slippery Slope of Censorship: @HuffPost Pulls Story Critical of @Spotify Ahead of IPO — The Trichordist

Music Technology Policy

Read the complete post on The Trichordist: The Slippery Slope of Censorship: @HuffPost Pulls Story Critical of @Spotify Ahead of IPO — The Trichordist. Spotify IPO Spotify Meltdown #irespectmusic Blake Morgan David Lowery The TrichordistArtists Rights advocate Blake Morgan (#IRespectMusic) published a story in the Huffington Post this morning critical of Spotify.

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Spotify IPO Watch: Blame ? Profit — Music Tech Solutions

Music Technology Policy

Until all those things change to one degree or another, it’s likely that the Spotify IPO myth will remain just that. via Spotify IPO Watch: Blame ≠ Profit — Music Tech Solutions. A combination of factors have gotten Spotify where it is now.

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Just Say No: Will Spotify Still Be Seeking Forgiveness During Its IPO?     

Music Technology Policy

As others have learned the hard way, once you replace the rights of songwriters and artists with your own lust for IPO riches, the lawsuits can go on for a very long time indeed. [A version of this post appeared in last month’s MusicTechPolicy Monthly.].

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Spotify IPO Watch: Brexit’s Bubble Bursting Bang — Artist Rights Watch

Music Technology Policy

Right now I see no reason to think there is any likelihood that those trend lines will change direction for the frothy bubble in the markets that I think is a necessary condition for a Spotify IPO (or even a real unicorn like Uber).

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The AppFolio IPO and What It Means for MyCase and the Legal Cloud

Media Law

I cannot think of a major IPO in the legal industry in recent memory. The post The AppFolio IPO and What It Means for MyCase and the Legal Cloud appeared first on Robert Ambrogi's LawSites. Last June, AppFolio, the Goleta, Calif.-based based company that owns MyCase, the cloud-based practice-management platform, completed an initial public offering in which it raised some $74 million. So what does this mean for MyCase and what does it mean for the legal industry […].

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Should Jennifer Lawrence Have an IPO for Herself?

THR, Esq. Entertainment & Media Law Blog

San Francisco-based Fantex plots a trading exchange for real people, where shares of future revenue could give stars a big payday now; says one lawyer, "I can almost guarantee it''s going to happen" read more. The Business Culture THR, Esq.

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$20 Million a Month Daniel Ek Shows “Million a Month” Tim Westergren How It’s Done

Music Technology Policy

Music Modernization Act Spotify Class Action Spotify IPO Spotify Meltdown Uncategorized 20 Million A Month Danny Daniel EkRemember when we were all appalled that Pandora founder Tim Westergren was making $1,000,000 a month from selling Pandora stock while he was behind fighting songwriters in rate court for ASCAP and BMI royalties and stiffing artists with the Internet Radio Fairness Act and refusing to pay pre-72 artists? And then there was the 13 bathroom house in Marin.

@andreworlowski: Spotify wants to go public but can’t find Ed Sheeran (to pay him) — Artist Rights Watch

Music Technology Policy

Spotify Meltdown Ed Sheeran Mass NOIs Spotify Class Action Spotify IPOAndrew Orlowski asks why can’t Spotify find Ed Sheeran ? via @andreworlowski: Spotify wants to go public but can’t find Ed Sheeran (to pay him) — Artist Rights Watch.

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You Can’t Find What You Don’t Look For: @theDavidCrosby Gets Screwed Twice by Big Tech

Music Technology Policy

irespectmusic campaign Spotify IPO Spotify Meltdown Daniel Ek David CrosbyFrom Spotify’s F-1: “Spotify was founded on the belief that music is universal and that streaming is a more robust and seamless access model that benefits both artists and music fans.”

So Much for Conversion: Apple Set to Pass Spotify in Subscribers

Music Technology Policy

The hoorah Spotify boosters in the press add “paid” But when the cold hand of the Sarbanes-Oxley truth in public company reporting law comes into Spotify’s post-IPO life like it does Apple’s, that 70 million number may get clarified–a lot. Remember this one?

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Here Come the SPOT Analysts

Music Technology Policy

Spotify IPO Uncategorized Spotify Stock AnalystsIt’s still very early days for stock analysts to reach a consensus about Spotify except for one thing–royalties are too damn high. We have, of course, heard this one before–remember Pandora?

@katenash: Royalty Deadbeat Snapchat Gets big billions for valuation, but has no licenses?

Music Technology Policy

Snapchat joins the leading Silicon Valley royalty deadbeats like Facebook with a big IPO filing but relying entirely on losing legal theories like the faux “DMCA license” that was a big loser for Cox Communications. dmca Uncategorized Snapchat IPOHi @Snapchat Do you pay ppl for the use of their work? Been off a record label now for 5 years. Is this legal? I should be paid PLS RETWEET pic.twitter.com/9qq9iKltFG. — Kate Nash (@katenash) February 17, 2017.

How Shareholder Lawsuits Against Spotify May Have Just Gotten Easier

Music Technology Policy

Music Modernization Act Spotify IPO Shareholder Derivative Suites Spotify Class ActionThe Maginot Line.

@musicbizworld: Universal Commits to Sharing Stock Sale Proceeds with Artists

Music Technology Policy

Selling large blocks of shares in the public markets is always a tricky business, but Spotify may have made it exponentially more difficult given the “direct public offering” structure of its IPO (more properly called a “DPO”). irespectmusic campaign Uncategorized Spotify Spotify IPO UniversalAccording to Music Business Worldwide , Universal has committed to sharing profits from the sale of Spotify stock.

Snap Interactive Wants Judge to Bar Snapchat from Changing Its Name to Snap Inc.

THR, Esq. Entertainment & Media Law Blog

A trademark lawsuit warns of irreperable harm from a potential IPO. read more. THR, Esq. The Business Tech Business THR Online

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@songpreneurs: Why Is Tom Petty Suing Spotify and How Does This Relate to the Music Modernization Act? — Artist Rights Watch

Music Technology Policy

Music Modernization Act Spotify Class Action Spotify Meltdown Amanda Williams Spotify IPO Watch Spotify Litigation Wixen Music Publishing[Editor Charlie sez: Another songwriter group against the controversial Music Modernization Act! See the Songwriter’s Guild opposition letter here and read the legislation here.]. The end of 2017 and beginning of 2018 has seen a flurry of activity as headlines reveal another $1.6

The Pope vs. Intellectual Property Rights

JetLawBlog

In response, the Intellectual Property Owners Association has issued the following statement : “IPO and others are working to educate on the incentives that IP rights provide for advancing knowledge and creating jobs.&#.

Skype Facing Legal Troubles

JetLawBlog

In April of this year, eBay announced that it was spinning off Skype as a separate company in an IPO planned for early 2010. Skype has quickly become an Internet phenomenon, appealing to a broad variety of customers with its instant messaging, video chat, and phone services. (I

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Monday Morning Jetlawg

JetLawBlog

Tags: JETL constitution contracts courts criminal law entertainment financial government internet journalism lawsuits legislation social networking sports technology telecommunications Facebook Twitter sports betting Corzine Kaufman Abercrombie Phillies IPO

Up, Up and Away: The Spotify Balloon is a Cautionary Tale

Music Technology Policy

Already we see leaks to the tech press that Spotify is pushing off its IPO to next year while it pursues a “path to profitability” Now that’s a new one–the company has previously told investors a growth story like many other startups. Why is Spotify leaking this IPO information now? Was any serious person refreshing their news feed in anticipation of a Spotify IPO announcement? every six months that Spotify doesn’t IPO (capped at 10%).

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Chang named general counsel at DreamWorks Animation

THR, Esq. Entertainment & Media Law Blog

Chang has been with DreamWorks since 2002 and became head of litigation and technology law at DWA in 2004, when the company unveiled its IPO. By Jay A. Fernandez DreamWorks Animation has promoted Andrew Chang to general counsel. Katherine Kendrick, Tags: Staffing

What is an “Accredited Investor”? Why you should care.

Gordon P. Firemark

Since registration is a colossally time consuming and expensive process, it is best left to larger financing projects; those in the tens- or hundreds-of millions of dollars, such as the IPO’s we typically hear about and other transactions involving publicly-traded securities.

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Tim Westergren’s Mask Is Slipping: Pandora’s Scorched Earth Attack on Songwriters

Music Technology Policy

Send in the Silicon Valley lawyers with the IPO checkbook to screw the songwriters whatever the cost. In fact, they would rather spend their IPO millions–gained by their one product, music–on something as idiotic as buying a radio station and take on the burden of FCC licensing (including the inevitable opposition to their license at the FCC) than pay songwriters fairly.

Entertainment Law Update Podcast Episode 030 – The JOBS Act, Crowdfunding, and more

Gordon P. Firemark

Creates an IPO “on ramp” -. Call us with your feedback: (310) 243-6231. In this Episode: Crowdfunding after the JOBS Act becomes law. Viacom wins appellate round against YouTube. Magic Tricks – how to keep ‘em secret. Art Collector v. Artist?

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MoFo’s IP Group Launches Tech Blog

Media Law

According to the inaugural post , topics to be covered will include cross-border litigation, patent acquisitions, M&As and IPOs, the FCPA, cleantech, life sciences and medical devices, and privacy and data collection.

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New Boss Royalty Deadbeat Facebook Wants to Stiff Everyone

Music Technology Policy

Remember–the focus has been on labels having all this supposed leverage over Spotify who will have a hard time registering an IPO (assuming they haven’t already registered a confidential IPO under the JOBS Act). “我会很高兴今天支付你的汉堡包今天”.

Lexis Adds New Practice Advisor Modules Plus Market Tracker

Media Law

The Securities & Capital Markets module is organized according to top-level topics that include Private Offerings, IPOs, Secondary Offerings and Resales, Reporting and Registration Under the Exchange Act, Financial Disclosure Issues for Public Companies, and the like.

The Plot Sickens: Spotify Dumps Victory Records Catalog After Victory Complains About Unlicensed Songs on Spotify

Music Technology Policy

This is what happens when you get between Daniel Ek and his IPO. It’s no accident that the logo for Tony Brummel’s Victory Records is a tough old bulldog. Tony is one of the great record men and it’s also no accident that Victory is standing up to Spotify for stiffing its artists and writers. When you hear all the label bashing from the MMF and Spotify I want you to remember this.

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Pandora’s Butterfly Effect: They should have just paid the Duke

Music Technology Policy

Let me tell you, pulling an IPO is no small thing, particularly on the eve of registering the shares. The Wall Street Journal reports that the (largely) European streaming service Deezer has pulled its initial public offering float of shares on the Paris stock exchange.

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What is Texas Pacific Group Up To with Pandora and Spotify? Something? Anything?

Music Technology Policy

Deezer turned to it after a busted IPO in France, and now both Pandora and Spotify went there. Music Tech Solutions. by Chris Castle. As I’ve noted a couple times, convertible debt financing is all the rage with digital music service these days. What’s attractive about debt? Different reasons depending on the company’s situation.

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What is Texas Pacific Group Up To with Pandora and Spotify? Something? Anything?

Music Technology Policy

Deezer turned to it after a busted IPO in France, and now both Pandora and Spotify went there. Music Tech Solutions. by Chris Castle. As I’ve noted a couple times, convertible debt financing is all the rage with digital music service these days. What’s attractive about debt? Different reasons depending on the company’s situation.

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SXSW Panel on Music Modernization Act’s Reachback Safe Harbor

Music Technology Policy

It was Wixen’s filing on December 29, 2017 that really informed the industry of the safe harbor because the story got attached to the press push behind Spotify’s IPO/DPO announcement which pushed the story in earned media. I was fortunate to moderate an excellent panel at the SXSW Continuing Legal Education seminar this week. Our topic was “The Future of Mechanical Licensing in the U.S.”

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Pandora Announces Old Testament Branding: Let There Be Money…uh…Music!

Music Technology Policy

This rebranding was launched the same week that Pandora raised another $450 million in their second IPO. Spoken like a compulsory licensee– according to FMQB : Pandora has announced a new brand identity, using the slogan “Let There Be Music,” which the digital service says will reflect “ the company’s mission to cultivate a better musical future for artists and listeners alike.” ” Whether the artists like it or not.

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Pandora’s New CEO Says He’ll Continue Pandora’s Old Boss Policies and Getting Richer

Music Technology Policy

While at the same time bringing their 2nd IPO to market and putting over $300 million in the company’s coffers. If Pandora says they are not making enough money to pay fair royalties–but they are making enough to do a second IPO–then maybe they need some help from songwriters in how to make those precious dollars last longer.

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Must Read @musically post by @stuartdredge: Ministry of Sound CEO Lohan Presencer Brings the Light

Music Technology Policy

Lohan nailed it in this quotation: “Your objective is to grow your user base, to tell a story such that you can IPO or you can sell, and you can exit, and you can put money back in the pockets of your investors. We’re fortunate to have industry leaders like Ministry of Sound CEO Lohan Presencer who are not afraid to take on The Man 2.0. Whether it’s suing Spotify for ripping off MOS playlists or explaining to streamers just how weak they really are.

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A Burger Today: Spotify’s Bridge Loan to Nowhere is All the Rage

Music Technology Policy

The FT reports that Deezer pulled its planned IPO on the Paris exchange and also went for the bonds instead: Deezer, the music streaming service that last year abandoned an attempt to raise €300m in an initial public offering, has secured a €100m cash injection from its existing investors led by Len Blavatnik’s Access Industries. [Mr. Deezer’s IPO is a bust and it looks like Spotify is staring down the wrong end of a down round. “D” is for “desperate.”

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News from the Goolag: What if You Make a Deal with Spotify and It Turns Out to Be With YouTube?

Music Technology Policy

Spotify’s exit to an IPO is getting cloudier by the day as another tech bubble bursts in Wall Street alongside a volatile stock market, one should not rule out an acquisition of Spotify and who better to do it than Google’s wholly-owned YouTube subsidiary.

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What if Google Buys Spotify? The Case For and Against Stock-for-Royalties

Music Technology Policy

If you’ve ever been cheesed about Pandora executives lining their pockets with millions from IPOs, then you’ll understand why labels demand shares of stock when they license their sound recordings to tech companies.

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#irespectmusic: House Judiciary Voting Today on HR 1695 the Register of Copyrights Selection and Accountability Act

Music Technology Policy

Intellectual Property Owners Association (IPO). The House Committee on the Judiciary says the House will vote on HR 1695 today–the bipartisan Register of Copyrights Selection and Accountability Act. If you haven’t already, call your House member today and ask them to vote YES on HR 1695! “Today the House of Representatives will consider the bipartisan Register of Copyrights Selection and Accountability Act ( H.R.

Blawg Review #322

Cyberlaw Central

Our plans for world domination through controlling the financial markets with Facebook’s IPO are proceeding nicely. CRACK… By striking my bone gavel, I call this special Blawg Review meeting of the Skull and Bones Society to order.

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Spotify Spin Machine is In FUD Overdrive on Apple Music Subscribers

Music Technology Policy

Cooke suggested that artists can flex their promotional weight [to help Spotify get to IPO?]: “ When you see those blogs of artists saying ‘my Spotify royalties aren’t enough’.

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