Spotify
Address: 
Regeringsgatan 19, 111 53 Stockholm, Sweden
Spotify is a Swedish audio streaming and media services provider founded on 23 April 2006 by Daniel Ek and Martin Lorentzon. It is one of the largest music streaming service providers, with over 574 million monthly active users, including 226 million paying subscribers, as of September 2023. 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
- Nov 24: As threatened earlier this year, Spotify is to close in Uruguay by February. It's a reaction to a new copyright law in the country which would, Spotify says, mean it would effectively pay twice for music use in the country. (It means that Spotify won't offer podcasts there either.)
- Nov 21: In an ongoing trial, it's emerged that Spotify has done a secret deal to avoid Google's app-store fees. Normally, companies like Pocket Casts or Podcast Addict have to pay between 15%-30% to Google if they sell things in-app, like Pocket Casts Plus or Podcast Addict's ad-free option. Spotify is a founding member of the Coalition for App Fairness and has run campaigns like Time to Play Fair: yet the admission from Google's Don Harrison, suggests Spotify had an unfair advantage all along.
- Nov 20: Data: From Q2 this year: 5.8mn people (9%) in France listen to "native podcasts" at least once a week. (France likes differentiating between "radio replay" and "native" podcasts). Another study from the CSA Institute suggests 26% are monthly listeners to podcasts; and Spotify France also shares data from the French industry.
- Nov 17: Spotify is to launch its advertising marketplace, the Spotify Audience Network, in five new markets: Brazil, India, Japan, Mexico, and Sweden. It has also said it will expand its contextual targeting based on transcription.
Data credits: Google Maps, Podnews newsletter, Wikipedia