Spotify edges closer to a float on the stock market with a valuation of between $6-$20 billion. Who will most likely be receiving a slice of the cash windfall?
Our best estimates and guesses – visualized.
No surprises that the big four record-companies may own as much as 16% of Spotify, meaning a potential payout of up to $650 million.
Which they will no doubt immediately share with all the musicians and artists who have made Spotify such a desirable platform, right?