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.
Bret Kenwell, US Investment Analyst at eToro, joins us to break down tech earnings, what’s driving tech stock momentum, and what investors should watch next.
Citigroup’s Global Chief Economist, Nathan Sheets, breaks down the Fed’s decision to hold rates, Trump’s reaction, and the likelihood of a cut this fall.
Tony Edward discusses Ethereum’s rise, governance of corporate crypto treasuries, the newly signed GENIUS Act, and the pending CLARITY Market Structure Act.
The Ether Machine, led by CEO David Merin, announces a $1.5B SPAC IPO. The firm holds 400K ETH, making it the largest Ethereum treasury holder globally.
