Daniel Ek In The News

Spotify cruises past quarter-of-a-billion subscribers, as it eyes $1.5bn annual operating profit in 2024

Spotify’s global Premium Subscriber base grew to 252m paying users in Q3

Over 8% of Tencent Music’s subscribers are ‘Super VIP’. That’s 10m users paying 5x the standard subscription price

TME added 2 million net subscribers in Q3 compared to the prior quarter (Q2)

Spotify expands music videos to 85 new markets

CEO Daniel Ek says offering greater value to consumers is the key to ensuring Spotify can maintain price hikes

Spotify slams ‘outdated bureaucracy’ in Sweden as it moves ‘parts’ of 250 jobs from its home market after court ruling over night shifts

Court rejects Spotify's request to allow its engineers in the market to work shifts between midnight and 5am

Universal’s direct-to-fan business has been growing at a whopping 33% rate, and 3 other things we learned at UMG’s Capital Markets Day

UMG has revealed it's working with Spotify on the streaming platform's new 'Super-Premium' subscription tier

Netflix chief Ted Sarandos cashes out $6m in Spotify stock

Sarandos cashed out 17,710 SPOT shares on Thursday, September 12

Who owns Spotify in 2024?

Co-founders Daniel Ek and Martin Lorentzon continue to dominate as shareholders of Spotify.

Spotify just won a long-running lawsuit over streaming of Eminem’s catalog – despite the court finding it didn’t have a license for the music. What does this mean for publishers?

A long-running legal battle between Eminem's publisher, Spotify and Kobalt holds lessons for the music business