Spotify seeks to hire U.S. filings expert as bankers eye IPO | Reuters

* Move adds to speculation about IPO

* Senior banker says firm to be valued at $7-8 bln

* Spotify doubled revenue but registered loss in 2012

STOCKHOLM, Feb 17 (Reuters) – Online music streaming service Spotify is recruiting a U.S. financial reporting specialist, adding to speculation that the Swedish start-up is preparing for a share listing, which one banker said could value the firm at as much as $8 billion.

Meeting U.S. Securities and Exchange Commission (SEC) standards for filing financial disclosures is essential for any firm planning to go public and bankers and lawyers said they inferred from the job ad that the company is getting ready for an initial public share offering (IPO), possibly next year.)

READ THE FULL STORY AT REUTERS:
http://www.reuters.com/article/2014/02/17/spotify-idUSL6N0LM2E520140217

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