Spotify’s public filing reveals key stats about the streaming giant

Spotify quietly signaled its intention to become a publicly traded company in December of last year, even though several lawsuits over licensing were looming. Now the streaming service has filed for a direct listing on the New York Stock Exchange, an alternative to the more typical initial public offering (IPO) that offers the company a savings on underwriting fees and a dilution of existing shares. – Rob LeFebvre, Engadget

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