Spotify AB - Company Profile
Powered by
All the data and insights you need on Spotify AB in one report.
- Save hours of research time and resources with
our up-to-date Spotify AB Strategy Report
- Understand Spotify AB position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
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, among others. The company has operations across Mexico, France, Italy, Finland, Spain, Denmark, Canada, Germany, Belgium, the UK and the US. Spotify is headquartered in Stockholm City, Stockholm, Sweden.
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 |
---|---|---|
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. |
2022 | Acquisitions/Mergers/Takeovers | In October, the company acquired Kinzen, an Ireland-based content moderation tech company. |
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 City | Stockholm | Paris | - | Uppsala |
State/Province | Stockholm | - | Ile-de-France | - | Stockholm |
No. of Employees | 1,853 | 1,224 | 589 | - | 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 | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward