Spotify Technology SA

Company Profile

• Business description

  Spotify is the leading global music streaming service provider, with over 600 million monthly active users and 250 million paying subscribers, with the latter comprising the firm’s premium segment. most of the firm’s revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a very comprehensive music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.

• Contact

  5, Place de la Gare
  LuxembourgL-1616
  LUX

  E: [email protected]

  https://www.spotify.com

• Sector

  Communication Services

  Stock type

  Sensitive

• Industry

  Internet Content & Information

  Fiscal Year End

  31 December 2024

  Employees

  7,372