Spotify Technology SA (NYSE:SPOT)

119.71
Delayed Data
As of Aug 08
 +0.01 / +0.01%
Today’s Change
89.03
Today|||52-Week Range
305.60
-48.85%
Year-to-Date
SECTOR
Technology Services
INDUSTRY
Internet Software/Services
MARKET CAP
$22.9B

Company Description

Spotify Technology SA is a digital music service offering music fans instant access to a world of music. The company operates through the following segments: Premium and Ad-Supported. 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
42-44, avenue de la Gare
Luxembourg Luxembourg 1610
P:
Investor Relations:

Employees

Shareholders

Mutual fund holders27.67%
Other institutional25.12%
Individual stakeholders--

Top Executives

Daniel EkChairman & Chief Executive Officer
Paul Aaron VogelChief Financial Officer
Stig Gustav Victor SöderströmChief Research & Development Officer
Dawn OstroffChief Content & Advertising Business Officer
Alex NorstromChief Premium Business Officer