Beats-Spotify

STREAM FOR YOUR LIFE: The pending Apple-Beats deal complicates life for streaming leader Spotify, which finds the playing field demonstrably changed just as it prepares for its IPO. How does Apple suddenly having Beats’ streaming marketshare affect the valuation of Daniel Ek’s company? And given Apple’s reserves—that $3.2 billion represents about 2% of its cash on hand—could a play for Spotify also be on the table, instantly giving Apple CEO Tim Cook and co. a virtual monopoly? All this happens just as mobile carrier HTC ramps up an ad blitz offering six months of Spotify free to subscribers. How different will the field look as soon as the Beats deal is done? (5/14p)

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Beats-Spotify

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