Spotify
Address: 
Regeringsgatan 19, 111 53 Stockholm, Sweden
Spotify is a Swedish audio streaming and media service provider founded on 23 April 2006 by Daniel Ek and Martin Lorentzon. As of December 2024, it is one of the largest providers of music streaming services, with over 678 million monthly active users comprising 268 million paying subscribers. Spotify is listed on the New York Stock Exchange in the form of American depositary receipts. Wikipedia
Website: spotify.com
Symbol: NYSE:SPOT
Owns
Latest news
- Jun 13: Spotify has lost one of its big shows. What Now? with Trevor Noah will become a SiriusXM podcast from July 1. The show, announced two years ago, was the first from Spotify not to be an exclusive, and heralded a new strategy for all the company’s podcasts. Noah’s $4mn deal was highlighted as “more equitable” for Spotify than previous content deals for the company. What Now? this week is an interview with Jon Stewart.
- Jun 12: Spotify is adding podcast transcripts for many shows to its app, and the feature seems to have had a significant roll-out - even the Podnews Weekly Review (here’s what the auto-transcripts look like). Spotify will automatically produce transcripts of shows, but will now let creators upload their own transcripts using the industry-standard VTT or SRT files (which adds time-synching and named speakers). (We’ve yet to get that feature working for our show, though).
- Jun 11: In a recent episode of What If We Get It Right?, Ayana Elizabeth Johnson has a reunion with her former podcast co-host, Alex Blumberg. Alex and her co-created How to Save a Planet, which ran for 2 years as Spotify’s flagship climate show. If you’ve been wondering what Alex has been doing since he left Gimlet and Spotify, he’s sharing his latest venture...
- Jun 6: Spotify’s podcast division has made fifteen layoffs, including staff at The Ringer. The cuts are apparently the result of a focus away from audio and towards video. Spotify declined to comment.
- Jun 5: Steve Bannon’s War Room podcast, which was removed from Spotify after he called for Dr Anthony Fauci’s beheading, is back on the platform after an almost five year ban. The show had remained on Apple Podcasts and the Podcast Index. It self-hosts. (Apple is now able to remove specific episodes from its directory; it wasn’t in 2020).
Data credits: Google Maps, Podnews newsletter, Wikipedia