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Channel: Spotify raises $526 million as Apple charges into music streaming - Los Angeles Times
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As Tidal ebbs, Spotify and other rivals grow

Spotify  may or may not be worth more than the entire U.S. recorded music business , but it has  reason to feel confident about its chances competing against Tidal. 

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Spotify responds to Apple, raises half a billion

Spotify has to fend off the threat of recently launched Apple Music service. But the Wall Street Journal says Spotify has just closed a $526-million funding deal.

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