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Spotify close to IPO; Why are streaming services so popular?

With Spotify coming close to its IPO, the Financial Times broke the story this week that it had hired four new people for its board: the former COO of Walt Disney, Tom Staggs, the head of the American arm of NextEV, a Chinese electric carmaker, the former head of product of YouTube, and an owner of a Swedish investment firm. Let’s just say they are big people.

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