Spotify filed to go public last week. This could mean big bucks for some investors, but how could it affect artists on the streaming platform? DJ and entrepreneur Mick Batyske joins Cheddar to discuss.
If Spotify hits its $23 billion valuation, music labels could make hundreds of millions of dollars. Batyske hopes music labels will share this wealth with artists, but he is not too confident they will. Batyske is excited by Spotify going public because he believes it will give even more legitimacy to streaming and alternative platforms. Batyske is hopeful for a future where artists have more access to streaming platforms and can avoid having to go through big labels.
When asked what his favorite streaming service is, the DJ said Spotify is his top choice.
Bob Sallmann, CFO of McGraw Hill, breaks down the quarter’s standout performance, digital expansion, and how AI tools are driving education innovation.
Daniel Desrochers, International Trade Reporter at POLITICO, joins us to break down the ruling, the billions at stake, and what it means for consumers.
