Spotify AB - Company Profile

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Spotify AB: Overview

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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, 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.

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Headquarters Sweden
Address Regeringsgatan 19, Stockholm City, 11153
Website www.spotify.com
Telephone 5567037485
No of Employees 1,853
Industry Media
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Spotify AB premium industry data and analytics

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Spotify AB (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Spotify AB’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Spotify Web API Audio Streaming Services Spotify
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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.
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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
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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
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