# Professor Aswath Damodaran discusses Spotify's non-traditional IPO and how the company may increase its value

1 Faculty News April 3, 2018 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/uat_027305.jpg?itok=Ipx0jiaQ)>

Excerpt from [CNBC](https://www.cnbc.com/video/2018/04/03/the-music-business-is-fundamentally-broken-nyu-finance-professor.html?play=1) -- "I think it builds on a solid foundation. It's going into a business that is broken. The music business fundamentally is broken and I think Spotify might be the best chance for the music business to turn itself around. So I think you have to build from the basics again, revenues and margins improving over time are what's going to drive the value of the company."

[Watch the video](https://www.cnbc.com/video/2018/04/03/the-music-business-is-fundamentally-broken-nyu-finance-professor.html?play=1)