Spotify to Go Public on Its Own Terms

The music streaming company Spotify filed plans on Wednesday to start trading shares on The New York Stock Exchange in the next few weeks. The decision to go public also revealed more information about the company's financial health, including a $1.5 billion loss last year.

Ben Sisario, who covers the music industry for The New York Times, thinks Spotify could make money down the line "if they’re able to pay a little bit less for the music that they stream, and they come up with new products to get people to sign up." 

This week on Money Talking, Charlie Herman talks to Sisario about the future of the music streaming business and what it means for musicians, record companies, and listeners. 

The company is growing and signing up more listeners, but Spotify is still losing money. Now, it's planning to go public. What does it mean for artists, the industry and listeners?