Spotify is preparing to become a public company.
An IPO will be very good for a number of Spotify executives and investors who own a lot of shares.
Here's a list of the biggest shareholders in Spotify who stand to get rich (or get richer) if the IPO goes well.Global music streaming service Spotify just filed the paperwork for its IPO in which it hopes to raise at least $1 billion for the company.
The company won't be the only beneficiary. Should its stock fare well, Spotify's founders, executive
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Spotify's IPO should be very good for these 8 people and investors
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Spotify has spent $10 billion on music royalties since its creation and it's a big part of why its bleeding money
The music streaming service Spotify has operated at a loss since its inception in 2006.
The company, which filed to go public on Wednesday, said that its losses come from royalties and licensing fees for musical artists.
In 2017, Spotify generated $4.99 billion in revenue but posted $1.5 billion in losses.
Licensed content and music royalties are keeping the music streaming company Spotify in the red.
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