Private Equity Investor ValueAct Takes Spotify Stake to Back Cost Cuts at the Music Streaming LeaderLast month, Spotify said it would cut about six percent of its employees to spearhead the profitability of its commitment to podcasting. February 10, 2023
Private Equity Billionaire Francois Pinault and Partners Buy Deezer in a $1.1B DealDeezer is an unprofitable streaming platform that competes with Spotify as well as Apple Music. April 18, 2022