Spotify said that higher personnel, marketing and professional services costs and 115 million euros worth of what it called ...

Daniel Ek says Spotify has “never been in a stronger position” as the streaming giant set itself on track for its first full year of profitability, capping a remarkable 2024 turnaround ...

Second to Ek is another Spotify exec, Martin Lorentzon, whose $166.8 million worth of shares is equal to 55.6 billion streams. This would make him the ninth most streamed artist on all time.

Daniel Ek said Spotify underestimated the impact of laying off 1,500 people in December. "It took us some time to find our footing," Ek told investors in an earnings call. The streaming giant had ...

Daniel Ek’s vision for the future of Spotify: Why AI is driving the discovery of human creativity By Lydia Moynihan Published May 2, 2025, 6:00 a.m. ET ...

Daniel Ek said last week the cost of content creation was "close to zero," and people got upset. On Sunday, he said his words were "far too vague" and "clumsy" in his initial post.

Spotify CEO Daniel Ek has confirmed that a “deluxe” add-on is coming to the music service. It’ll offer higher-quality audio and other perks for around $17 or $18 monthly.

Spotify CEO Daniel Ek explained this at the beginning of today’s earnings call with investors, listing three main factors: (1) MAU and subscriber growth in 2023 were unexpected and surpassed the ...