Spotify (SPOT) laid off 17% off its staff on Monday in a bid to reduce costs and boost margins, sending shares surging. Yahoo Finance anchors Brad Smith and Seana Smith break down the latest development with the company and how it will affect the business going forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
In this article, we will take a detailed look at the 20 Most Valuable Media Companies In The World with insights into market capitalization. To see the top five countries in the list, click 5 Most Valuable Media Companies In The World. The media industry comprises multiple segments: movies/cinema, television, music, publishing, radio, internet, advertising, and gaming. Trends and […]
Music streaming service axes 17% of workforce in latest round of redundancies at big tech companies