MBW has confirmed with friends in the industry that the outage hit Spotify in both the US and the UK, as well as European territories such as Germany and France.
"This illustrates Believe's ability to become a leader in one of the world's largest markets with a model that combined organic growth with strategic partnerships."
The $350 million-ish that Len Blavanik just banked represents more than 10% of the $3.3 billion that Access initially spent acquiring Warner Music Group in 2011.