Spotify AB - Company Profile
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Spotify AB (Spotify), a subsidiary of Spotify Technology SA, is an online audio streaming and media service provider. The company monetizes its services through subscriptions and advertising. It develops tools such as Spotify Web API that help to fetch data from the music catalog and manage user’s playlists and saved music. Spotify also allows users to share music through social media platforms. The company offers its services to communities such as artists, podcasters, advertisers, developers, vendors and songwriters. The company has operations across Mexico, France, Italy, Finland, Spain, Denmark, Canada, Germany, Belgium and the US. Spotify is headquartered in Stockholm City, Stockholm, Sweden.
Headquarters
Sweden
Address
Regeringsgatan 19, Stockholm, 11153
Website
www.spotify.com
Industry
Media
Spotify AB premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Spotify Web API | Audio Streaming Services | Spotify |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In November, the company acquired WhoSampled, a music services provider. |
| 2024 | New Products/Services | In January, the company announced its plans to launch in-app shopping on iPhones in the European Union to allow users to buy audiobooks and subscription plans from within the music-streaming app. |
| 2023 | Contracts/Agreements | In November, the company entered into an agreement with Google Cloud AI to strengthen its artificial intelligence (AI) offerings. |
Competitor Comparison
| Key Parameters | Spotify AB | Viaplay Group AB | Deezer SA | 313 Music GmbH | Dirac Research AB |
|---|---|---|---|---|---|
| Headquarters | Sweden | Sweden | France | Germany | Sweden |
| City | Stockholm | Stockholm | Paris | - | Uppsala |
| State/Province | Stockholm | Stockholm | Ile-de-France | - | Stockholm |
| No. of Employees | - | 1,126 | 577 | - | 1,300 |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Daniel Ek | Chief Executive Officer | Senior Management | - | - |
| Christian Luiga | Chief Financial Officer | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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