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Spotify CEO on going public, convincing Taylor Swift to rejoin

  April 03, 2018  ~    7.9 MB
Spotify CEO on going public, convincing Taylor Swift to rejoin

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Spotify, the world's largest music streaming site, is going public on the New York Stock Exchange. Analysts say the company could be valued at more than $20 billion. It will launch with a direct listing of shares, not an IPO, which removes the traditional role of investment banks. Spotify founder and CEO Daniel Ek joins "CBS This Morning" to discuss why this is only the second inning for the streaming platform, how he convinced Taylor Swift to return to Spotify, and whether he feels threatened by competitor Apple Music.

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