5 ms·
Can you expand on that?
by malbiniak 13y ago
Can you expand on that?
- wmf 13y agohttp://techcrunch.com/2009/08/07/this-is-quite-possibly-the-spotify-cap-table/ http://techcrunch.com/2009/08/07/this-is-quite-possibly-the-... (2009) If Spotify is worth $4B, that means the labels have made an "extra" ~$600M in addition to the 70% royalty. Over its lifetime so far Spotify has paid out around $1B in royalties, so an extra $600M is pretty significant.