This article has been imported from chorus.fm for discussion. All of the forum rules still apply. Josh Constine, writing for TechCrunch, looks at Spotify’s latest move of raising $1 billion in convertible debt to fight Apple Music. What the debt does provide Spotify is opportunities to make acquisitions. With SoundCloud and Pandora in the dumps, Spotify could potentially make a play to bring more independent music or radio listeners into its music empire.] Why would Spotify agree to these aggressive terms? Because it’s competing with the most well funded company in history: Apple. The post Spotify Raises $1 Billion in Debt appeared first on chorus.fm.