Spotify Technology SA (NYSE:SPOT)

253.57
Delayed Data
As of Aug 11
 -0.15 / -0.06%
Today’s Change
109.18
Today|||52-Week Range
299.67
+69.56%
Year-to-Date
SECTOR
Technology Services
INDUSTRY
Internet Software/Services
MARKET CAP
$47.2B

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 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 holders28.98%
Other institutional27.13%
Individual stakeholders--

Top Executives

Daniel EkChairman & Chief Executive Officer
Paul Aaron VogelChief Financial Officer
Stig Gustav Victor SöderströmChief Research & Development Officer
Danielle LeeGlobal Vice President-Partner Solutions
Dawn OstroffChief Content & Advertising Business Officer