Spotify Technology SA (NYSE:SPOT)

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Technology Services
Internet Software/Services

Company Description

Spotify Technology SA is a digital music service offering music fans instant access to a world of music. It operates through the Premium and Ad-Supported segments. The Premium segment provides subscribers with unlimited online and offline high-quality streaming access of music and podcasts on computers, tablets, and mobile devices. Users can connect through speakers, receivers, televisions, cars, game consoles, and smart watches. It also offers a music listening experience without commercial breaks. The Ad-Supported segment provides users with limited on-demand online access of music and unlimited online access of podcasts on their computers, tablets, and compatible mobile devices. It also serves both a premium subscriber acquisition channel and a robust option for users who are unable or unwilling to pay a monthly subscription fee but still want to enjoy access to a wide variety of high-quality audio content. The company was founded by Daniel Ek and Martin Lorentzon in April 2006 and is headquartered in Luxembourg.

Contact Information

Spotify Technology SA
5, Place de la Gare
Luxembourg Luxembourg 1616
Investor Relations:



Mutual fund holders29.61%
Other institutional26.12%
Individual stakeholders--

Top Executives

Daniel EkChairman & Chief Executive Officer
Stig Gustav Victor SöderströmCo-President, Chief Research & Development Officer
Alex NorstromCo-President & Chief Premium Business Officer
Paul Aaron VogelChief Financial Officer
Paul SawyerChief Accounting Officer & Controller