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Spotify Technology S.A. - SPOT STOCK NEWS

Welcome to our dedicated page for Spotify Technology S.A. news (Ticker: SPOT), a resource for investors and traders seeking the latest updates and insights on Spotify Technology S.A. stock.

Spotify Technology S.A. (symbol: SPOT) is a leading Swedish audio streaming and media services provider, founded in 2006 by Daniel Ek and Martin Lorentzon. As of December 2023, Spotify boasts over 602 million monthly active users, including 220 million paying subscribers, positioning it as one of the largest music streaming platforms globally.

Headquartered in Stockholm, Sweden, Spotify's core business revolves around offering both a premium subscription model and an ad-supported service. Revenue streams from these models contributed 86% and 14% respectively to Spotify's total revenue in 2023, reflecting the significant impact of its paid services.

Spotify's platform provides users access to a vast library of music, podcasts, and other audio content. The company's continuous innovation includes strategic partnerships with major labels, independent artists, and podcast creators. Recent developments showcase Spotify's commitment to enhancing user experience and expanding its content offerings.

Financially, Spotify has demonstrated steady growth, leveraging its vast user base and diverse revenue models. The firm's monetization strategies and investment in new technologies ensure its competitive edge in the streaming industry. Spotify is also listed on the New York Stock Exchange in the form of American depositary receipts, reflecting its global reach and financial stability.

Stay updated with the latest news and developments from Spotify Technology S.A. to gain deeper insights into the company's performance and strategic direction.

  • Recent achievements: Reached 602 million monthly active users in 2023.
  • Current projects: Expanding podcast and audio content offerings.
  • Partnerships: Collaboration with major music labels and independent artists.
Rhea-AI Summary

Spotify Technology S.A. (NYSE: SPOT) announced it will release its second quarter 2024 financial results on Tuesday, July 23, 2024, before the market opens. Following the release, Spotify will hold a Q&A session at 8:00 am Eastern Time to discuss the results. Questions for management can be submitted via Slido using the event code #SpotifyEarningsQ224. A live webcast of the earnings call will be available at investors.spotify.com, with a recording posted after the event.

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Spotify Technology S.A. (NYSE: SPOT) has released its financial results for the first quarter of 2024. The company will host a live Q&A session with Daniel Ek, Founder and CEO, and Ben Kung, Interim CFO. Visit investors.spotify.com for more details.
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Spotify Technology S.A. appoints Christian Luiga as new Chief Financial Officer, bringing extensive experience from Saab AB and Telia. Luiga will oversee key financial functions and join in Q3 2024.
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Spotify Technology S.A. (NYSE: SPOT) will release its first quarter 2024 financial results and deck to shareholders on April 23, 2024, with a live Q&A session at 8:00 am Eastern Time. Investors can submit questions via Slido using event code #SpotifyEarningsQ124.
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Spotify Technology S.A. (NYSE: SPOT) has released its financial results for the fourth quarter of 2023. The company will host a live Q&A session with its Founder and CEO, Daniel Ek, and CFO, Paul Vogel, to discuss the results. The webcast will be accessible at investors.spotify.com, and a recording will be available after the session.
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Spotify Technology S.A. (NYSE: SPOT) will release its Q4 2023 financial results and deck to shareholders on February 6, 2024, before the market opens. The company will conduct a Q&A session at 8:00 am ET, with management answering questions submitted via Slido. A live webcast will be available at investors.spotify.com.
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Spotify Technology S.A. (NYSE: SPOT) announced the departure of CFO Paul Vogel, launching a search for his successor. Ben Kung to take on expanded responsibilities in the interim. The company aims to align spending with market expectations and fund growth opportunities.
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Spotify Technology S.A. (NYSE: SPOT) has released its financial results for the third quarter of 2023. The company will host a live Q&A session to discuss the results. Daniel Ek, Founder and CEO, and Paul Vogel, CFO, will answer questions. Webcast and recording available.
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Spotify to release Q3 2023 financial results on October 24, 2023 before market open. Q&A session at 8:00 am ET. Live webcast available.
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Spotify CFO, Paul Vogel, to present at the 2023 Goldman Sachs Communacopia & Technology Conference on September 6, 2023. The webcast will be available live and for replay on the Spotify Investor Relations website.
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FAQ

What is Spotify Technology S.A.?

Spotify Technology S.A. is a Swedish audio streaming and media services provider, founded in 2006, and one of the largest music streaming service providers globally.

How many active users does Spotify have?

As of December 2023, Spotify has over 602 million monthly active users.

What are Spotify's main revenue models?

Spotify monetizes its users through a premium subscription model and an ad-supported service, contributing 86% and 14% respectively to its total revenue in 2023.

Where is Spotify headquartered?

Spotify is headquartered in Stockholm, Sweden.

When was Spotify founded?

Spotify was founded in 2006 by Daniel Ek and Martin Lorentzon.

How does Spotify generate revenue?

Spotify generates revenue through paid subscriptions for its premium service and from advertisements in its ad-supported service.

What kind of content is available on Spotify?

Spotify offers a vast library of music, podcasts, and other audio content.

Is Spotify listed on any stock exchange?

Yes, Spotify is listed on the New York Stock Exchange in the form of American depositary receipts.

Who are the founders of Spotify?

Spotify was founded by Daniel Ek and Martin Lorentzon.

What are some of Spotify's recent achievements?

One of Spotify's recent achievements includes reaching 602 million monthly active users by the end of 2023.

Spotify Technology S.A.

NYSE:SPOT

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SPOT Stock Data

60.17B
198.33M
26.32%
61.63%
1.45%
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