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A comment on Spotify files for its IPO. Parent comment

Re:Spotify files for its IPO by Reeeee on Wednesday January 03, 2018 @04:23PM (#16065309)
Keep in mind that Universal, Sony, and Warner all own a chunk of Spotify.
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Re:Spotify files for its IPO by bogomipz on Thursday January 04, 2018 @02:06AM (#16068564)
They weren't investors. They were given a small ownership stake as an incentive to agree to license their content initially.
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