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 675 million monthly active users comprising 263 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
- Feb 19: First look: SiriusXM has just announced that it is to expand its SiriusXM Podcasts+ premium subscription to Spotify, YouTube Music, and other podcast apps via SupportingCast. “This expansion brings SiriusXM Podcasts+ benefits – including ad-free listening to new episodes, exclusive bonus content, and early access to new episodes of popular shows – to all major podcast platforms.” (You can also subscribe directly with Apple Podcasts).
- Feb 17: It’s our chance to see one of Spotify’s new Creator Milestone Awards (Jan 28) close-up. Rusty Quill’s audio drama series The Magnus Archives surpassed 100 million downloads, and the team picked up the award from Spotify London last week.
- Feb 14: Spotify shared some creator earnings from the first month of the Spotify Partner Program. “Hundreds of podcast creators surpassed $10,000 in monthly revenue”, the company said, but also gave three specific examples of January earnings.
- Feb 13: A raw download figure doesn’t tell you whether those listeners are new, or returning. Are they people who listened once and swore to never again listen? Or are you not reaching new audiences at all? Bumper has worked out how to calculate new vs returning listeners, using first-party data within the Apple and Spotify dashboards. That data will be added to the Bumper Dashboard soon (which we reviewed last August.)
- Feb 12: Spotify’s shareable links - which show you how many times each link was clicked, and how many streams you gained from them, are highlighted by Spotify for Creators in a new blog post today highlighting The Diary of a CEO. There’s an interview with the podcast’s “Head of Failure and Experimentation”, which is a job title to aim for!
Data credits: Google Maps, Podnews newsletter, Wikipedia