News Daniel’s Delightful December: Spotify CEO Ek cashed out nearly $100m in company stock in last month of 2024 Spotify CEO and co-founder cashed out over $370 million in shares over the course of 2024
News Spotify fires back at Drake: streaming platform says it has “no economic incentive for users to stream ‘Not Like Us’ over any of Drake’s tracks.” Spotify responds to Drake's allegations of a 30% lower rate in exchange for recommendations
News Spotify’s Car Thing officially non-operational, less than three years after it rolled out in the US Car Thing users have until January 14 to contact Spotify and see whether they qualify for a refund
News After Spotify’s $100bn market cap milestone, Daniel Ek cashes out another $28m Spotify's co-founder and CEO has sold $248.3 million-worth of company stock so far this year
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
News Taylor Swift claims title of Spotify’s most-streamed artist for second straight year, with more than 26.6bn streams in 2024 Taylor Swift, The Weeknd, Bad Bunny, Drake and Billie Eilish have topped Spotify's most-streamed artists list for 2024
News Are Spotify’s changes to third-party developer access meant to combat AI scraping? Third-party app developers have been cut off from numerous data points within Spotify's platform
Analysis News 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…
News Bruno Mars just shattered Spotify’s monthly listeners record… and he hasn’t even got a new album out. Mars currently has more than 135 million monthly listeners on the platform, way ahead of the previous record set by The Weeknd
Analysis 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
Analysis News 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
News Drake claims Kendrick Lamar’s ‘Not Like Us’ was ‘Artificially Inflated’ by Universal Music and Spotify. UMG says allegations are ‘offensive and untrue’ Not Like Us has been nominated for five Grammys
Analysis Spotify gains profitability… but loses the argument. MBW founder Tim Ingham on Spotify's new-found profit margin, its relationship with songwriters, and Netflix
Analysis News Amazon Music to bundle Audiobooks from Audible – and unlike Spotify’s bundling move, publishers say it won’t decrease revenue for songwriters Audible’s library includes a US catalog of more than 1 million audiobooks
Analysis News 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