Daniel Ek In The News

Daniel Ek cashes out another $37m in Spotify stock, bringing total value of shares sold this year to nearly $320m

Spotify's market capitalization is more than double that of the world's largest music company, Universal

From Drake’s legal action to Spotify execs’ big cash-out… it’s MBW’s Weekly Round-Up

The biggest stories from the past week – all in one place…

Spotify paid Warner Music Group $1.16bn in FY 2024. (That’s around the same amount the streamer’s execs have cashed out in stock this year.)

Warner's financial filings reveal Spotify's contribution to the company's revenues in the 12 months to end of September

Key Spotify executives have cashed out more than $1 billion in stock this year… including $283 million for Daniel Ek.

Following a series of blockbuster earnings reports, Spotify's stock is trading near all-time highs

From Amazon Music’s audiobook bundle to WMG’s subscription streaming growth… it’s MBW’s Weekly Round-Up

The biggest stories from the past week – all in one place…

Spotify gains profitability… but loses the argument.

MBW founder Tim Ingham on Spotify's new-found profit margin, its relationship with songwriters, and Netflix

‘Super-Premium’ music subscription tiers coming in 2025, and 3 other things we learned from Universal Music’s Boyd Muir at the Morgan Stanley conference

UMG has 1,300 stores in its direct-to-consumer business, and the profit margins are huge

Universal Music Group’s stake in Spotify is now worth $3 billion. Is it time to sell?

With Spotify's share price at an all time high, UMG and Sony jointly own more than $5 billion in stock