Daniel Ek In The News

Spotify now has an activist shareholder with a history of pushing for price rises

ValueAct took a position in the New York Times last year

Sir Lucian Grainge: ‘Everyone that works for me has to be able to count, and they have to be able to say no.’

Universal boss sits down for a discussion with Bill Ackman at Pershing Square's investor day

Spotify wants 50 million creators on its platform by 2030. BandLab already has 60 million.

And wait until you read how many tracks are being made on the Singapore-headquartered platform each month...

News

From Justin Bieber selling his catalog, to Spotify cutting 500+ jobs… it’s MBW’s Weekly Round-Up

Our biggest stories of the week, brought to you in association with Centtrip

Spotify wipes vacancies from global jobs board as hiring freeze hits after 500+ layoffs

Music streaming company is reducing its global workforce by 6%

Over-spending and under-pricing: Spotify’s commercial missteps have come back to haunt it.

A close look at some of the factors that led Daniel Ek to slash 500 jobs from his worldwide headcount this week

Spotify to slash over 500 jobs worldwide, as Dawn Ostroff exits streaming platform

Alex Norström, currently Chief Freemium Business Officer, and Gustav Söderström, currently Chief Research & Development Officer, upped to co-Presidents

Amazon Music raises standard monthly subscription price from $9.99 to $10.99. (Spotify, so far, still refuses to do the same.)

Amazon had over 80 million paying music subscribers last year, according to Midia Research