Tag archives: Spotify

If Spotify’s worth $19bn… what’s the value of Daniel Ek’s stake?

If Ek still owns a 10% holding in company, he’s sitting pretty
The post If Spotify’s worth $19bn… what’s the value of Daniel Ek’s stake? appeared first on Music Business Worldwide.

Spotify Paying $1.37 Million a Month In Rent for Its New Stockholm Offices

Spotify continues its pattern of lavish spending, worrying investors ahead of their IPO. According to a new report, Spotify has just moved into its new headquarters.  The office is located at Urban Escape, a recently-restored city block in central Stoc…

Report Confirms That Spotify’s Valuation Has Increased To Well Over $19 Billion

In nine months, Spotify’s valuation has grown over an additional $6 billion.  So, why are investors so worried? Just three months ago, private trading in Spotify shares have valued the company at around $16 billion.  Earlier this year, the company was …

Pandora on-demand now available for ‘free’ – if users watch a 15 second video

‘Pandora continues to deliver product enhancements that create the ultimate music streaming destination’
The post Pandora on-demand now available for ‘free’ – if users watch a 15 second video appeared first on Music Business Worldwide.

Pandora Just Created a Spotify Freemium Monster

To push users towards a premium subscription, Pandora Radio takes a page out of Spotify’s book. So, the end of the year has come.  You’ve lost several high-profile executives.  After failing to turn things around, your CEO and co-founder stepped …

Spotify Says the Government Should Protect Them from Apple & Amazon

Have Apple and Amazon truly abused “their advantaged position?”  Spotify and Deezer believe so. Just last month, Spotify Deezer, SoundCloud, and other platforms teamed up to form a powerful lobbying group.  Underscoring the power of music streaming in …

Spotify’s mini-merger with Tencent Music isn’t just about power – it’s about getting rich quick.

What the 10% equity ‘swap’ between Spotify and Tencent Music really means
The post Spotify’s mini-merger with Tencent Music isn’t just about power – it’s about getting rich quick. appeared first on Music Business Worldwide.

Spotify Executives Are Earning Seven-Figure Salaries, Tax Returns Show

Spotify’s top executives report millions in income, while the company struggles to actually turn a profit. Earlier this year, Spotify announced that it has “well over” 60 million subscribers.  Around the world, it has 140 million monthly active users. …