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. It is one of the largest music streaming service providers, with over 626 million monthly active users, including 246 million paying subscribers, as of June 2024. 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
- Jul 25: Spotify announced a major update to its self-serve ad platform, Spotify Ad Studio - and a new name, now called Spotify Ads Manager. There are new ad formats and measurement tools, as well as a redesign.
- Jul 24: Spotify published its Q2 2024 results. As part of a record high $297mn quarterly profit, the company reported improved podcast profitability, “driven by growth in impressions sold across Original and Licensed podcasts and the Spotify Audience Network”. The company says it has more than 6 million podcasts.
- Jul 23: Other certified companies are at v2.1; Spotify’s Megaphone plans to returning to the IAB under v2.2 compliance. Here’s more about podcast statistics.
- Jul 22: Always interesting to check in on our page showing podcasters switching their show to a different podcast host. Over the last thirty days, the biggest winners are Megaphone, Spotify for Podcasters, and Acast. The biggest losers are Spreaker, SoundCloud and Libsyn.
- Jul 12: Armchair Expert with Dax Shepard has signed with Wondery. The show became a Spotify exclusive in Jul 2021, becoming available everywhere in Aug 2023; the new deal starts on Sept 1 and will include video shows for the first time (and merch rights). Wondery+ subscribers will get it a week early.
Data credits: Google Maps, Podnews newsletter, Wikipedia