Five months into the year, executives and advisors now think that s not going to happen.
A major slowdown in SPAC issuance, driven by new accounting guidance by the Securities and Exchange Commission, has forced many digital media companies to reassess their timeline on going public, according to four people familiar with the matter.
Buzzfeed is still expected to find a SPAC partner later this year, said three of the people, who asked not to be named because the discussions are private. But other companies, such as Vice and Bustle, that thought there may be a path to going public on their own in the coming months have pulled back, said the people. Vice was in advanced talks to merge with 7GC & Co Holdings, The Information reported in March, but those talks have stalled, according to people familiar with the matter.
Making the popular Chinese street snack, JianbingEducation, Lifestyle, Food|2017|01:00
In this episode of Food Skills, we visit Mr. Bing at the Bryant Park Winter Village (seasonal). Founder Brian Goldberg s fond memories of eating jianbinga crepe topped with an egg and filled with a variety of savoury ingredients in Beijing turned into a mission to introduce this Chinese street food to America.
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Press release content from Business Wire. The AP news staff was not involved in its creation.
Spotify Technology S.A. Announces Financial Results for First Quarter 2021
April 28, 2021 GMT
NEW YORK (BUSINESS WIRE) Apr 28, 2021
Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2021 ending March 31, 2021.
(Graphic: Business Wire)
Dear Shareholders,
We are pleased with our performance in Q1. The business delivered subscriber growth and Gross Margin at the top end of our guidance range, a continued improvement in ARPU, and operating income better than plan. We saw greater MAU variability this quarter, but results were within our range of expectations given the outperformance in Q4 and the continued impact from COVID-19. Revenue grew by 16% (22% excluding the impact of FX) and was at the upper end of our guidance range. Other highlights from the quarter include a successful launch in 86 new markets, a $1.5 billion Exchangeable Note
Operator
Good day, and thank you for standing by. Welcome to the Spotify First Quarter 2021 Earnings Conference Call. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Bryan Goldberg, Head of Investor Relations at Spotify. Thank you. Please go ahead.
Bryan Goldberg
Investor Relations
Great. Thank you, and welcome to Spotify s first quarter 2021 earnings conference call. Joining us today will be Daniel Ek, our CEO and Paul Vogel, our CFO. We will start with opening comments from Daniel. And after the remarks, Daniel and Paul will be happy to answer your questions.
We will again be taking questions exclusively through slido. Questions can be submitted by going through slido.com, S-L-I-D-O.com and using the code #SpotifyEarningsQ121. Analysts can ask questions directly into slido and all participants can then vote on the questions they find the most relevant. We ll start by taking one question per analyst. Once everyone has had the oppo
Ben Smith, The New York Times
Published: 19 Apr 2021 12:53 PM BdST
Updated: 19 Apr 2021 12:56 PM BdST Subscriptions may be the rage, but businesses of all sorts are pouring money into advertising digital most of all. The New York Times
If you wanted to sound smart at a media business conference or sell your startup over the last couple of years, you’d talk about the rise of digital subscriptions. Netflix and Spotify led the way in getting consumers to pay every month for their content, and The New York Times, The Washington Post and many others followed. By last week, everyone was hawking media subscriptions, from the owners of the SpongeBob SquarePants TV show ($5.99 a month) to the staid newswire Reuters ($35) to my friend Isaac who wanders aimlessly around New York ($7).