Spotify Closing New Financing At €200 Million Valuation; Music Labels Already Shareholders
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Has European music startup Spotify finally figured out the online music business? Some big investors seem to think so. Rumors surfaced today that the company is raising a new round of financing of $50 million or so, at valuation of $250 million.
This rumor seems to be true.
Find more info about Spotify here: http://kb.clipotech.com/spotify