Live data from Hacker News

Spotify preps to go public with 60M subscribers

techcrunch.com

1–10 of 72 posts

Re: Spotify preps to go public with 60M subscribers

#2
I love Spotify and will happily continue to pay a few bucks a month to use their services. Is going public really their best move though?

It really seems logical that Apple would have acquired them by now and just merged them into Apple Music, once again giving Apple control over the online music industry.

Re: Spotify preps to go public with 60M subscribers

#3
post #2

I love Spotify and will happily continue to pay a few bucks a month to use their services. Is going public really their best move though? It really seems logical that Apple would have acquired them by now and just merged them into Apple Music, once again giving Apple control over the online music industry.

I'd rather Spotify went public than got bought by Apple, Google, Microsoft or Amazon. The competition is good for everyone.

Re: Spotify preps to go public with 60M subscribers

#4
post #2

I love Spotify and will happily continue to pay a few bucks a month to use their services. Is going public really their best move though? It really seems logical that Apple would have acquired them by now and just merged them into Apple Music, once again giving Apple control over the online music industry.

There might be legal issues if Apple tried to do that, especially after buying Beats and its streaming service.

Re: Spotify preps to go public with 60M subscribers

#5
post #2

I love Spotify and will happily continue to pay a few bucks a month to use their services. Is going public really their best move though? It really seems logical that Apple would have acquired them by now and just merged them into Apple Music, once again giving Apple control over the online music industry.

I'd rather Spotify went public than got bought by Apple, Google, Microsoft or Amazon. The competition is good for everyone.

Going public is guaranteed to end in them getting acquired by a US media or tech company.

Once public, it won't take long for the present owners to lose control to far more powerful financial entities. The VCs will all liquidate out, leaving a power vacuum that will be gradually filled by those new parties, and they'll do the same thing they always do.

Re: Spotify preps to go public with 60M subscribers

#7
I've had Spotify for 5 years or so, and mostly used it to look up songs I already liked, and to create playlists to listen to while studying/working/programming. It was already pretty awesome for that. Then I started checking out the "Related Artist" section, and started discovering new music after such a hiatus of music discovery since my younger years.

But where Spotify has really just excelled, and dare I say changed the way I listen to music, is their newer ways of discovering music. Now I can make a playlist with all of my favorites, and then just check out the "Recommended Songs" section to find new favorites. And now I start most work weeks off listening to the "Discover Weekly" playlist and drag the songs I like over to my playlists. The amount of new music I've discovered hasn't been this volume since middle school.

Re: Spotify preps to go public with 60M subscribers

#8
post #2

I love Spotify and will happily continue to pay a few bucks a month to use their services. Is going public really their best move though? It really seems logical that Apple would have acquired them by now and just merged them into Apple Music, once again giving Apple control over the online music industry.

They'll need to raise a lot of money if they're going to be competing with a company as big as Apple, which appears to be their plan.

Re: Spotify preps to go public with 60M subscribers

#10

Earlier quoted context omitted.

I'd rather Spotify went public than got bought by Apple, Google, Microsoft or Amazon. The competition is good for everyone.

Going public is guaranteed to end in them getting acquired by a US media or tech company. Once public, it won't take long for the present owners to lose control to far more powerful financial entities. The VCs will all liquidate out, leaving a power vacuum that will be gradually filled by those new parties, and they'll do the same thing they always do.

So buy spotify shares then, they’ll go up?
Post reply on HN