Scottish investment management company Baillie Gifford is officially Spotify’s largest stakeholder with an 11.82% share. In a disclosure submitted to the Securities and Exchange Commission (SEC), Baillie Gifford revealed that its total Spotify ownership has increased by 2.6 million shares since September 2019, from 19.1 million to 21.7 million; the latter represents 11.82% of Spotify. Spotify co-founder […]
The post Baillie Gifford Becomes Spotify’s Largest Stakeholder, Beating Out Co-founder Martin Lorentzon appeared first on Digital Music News.