Spotify Technology S.A. (639.DE) XETRA

Currency In EUR

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Spotify Technology S.A.

Address

Regeringsgatan 19

Stockholm, 111 53

Sweden

Phone

46702204607

Sector

Communication Services

Industry

Internet Content & Information

Employees

7258

First IPO Date

April 04, 2018

Key Executives

NameTitlePayYear Born
Alex NorströmCo-CEO & Director387,3311977
Gustav SöderströmCo-CEO & Director387,3311977
Daniel G. EkFounder & Executive Chairman605,1621983
Dustee Tucker JenkinsChief Public Affairs Officer749,3901979
Christian LuigaChief Financial Officer4.31M1968
Sven Martin LorentzonCo-Founder & Director01969
Aditi ShorewalHead of PR & Communications0N/A
Tanmaya TrivediDirector of Sales0N/A
Anna LundströmChief Human Resources Officer0N/A
John GiraldoChief Accounting Officer01968
Dinesh Kumar SrinivasanHead of Marketing for MENA, Trkiye, Pakistan & CIS0N/A
Paul SawyerChief Accounting Officer0N/A
Bryan Daniel GoldbergHead of Investor Relations0N/A
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Description

Operating globally, Spotify Technology S.A. and its associated entities provide digital audio streaming services. The company's business model is structured into two main categories: Premium and Ad-Supported segments. The Premium offering grants subscribers limitless, commercial-free access to its extensive collection of music and podcasts, available for both online and offline listening. Conversely, the Ad-Supported segment enables users to enjoy on-demand online access to its music library and unrestricted online streaming of podcasts across their computers, tablets, and various mobile devices. Beyond streaming, the company also manages sales, marketing, contract-based research and development, and customer support. By December 31, 2021, Spotify's platform served 406 million monthly active users, among whom 180 million were premium subscribers, spanning 184 countries and regions. The company was established in 2006 and is based in Luxembourg, Luxembourg.

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