Technology
100 Most Popular
Internet

Spotify

$122.83
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+$3.07 (2.53%) Today
-$1.82 (-1.46%) After Hours

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About

Spotify Technology S.A., also called Spotify, is a digital music service offering music fans instant access to a world of music. The company enables on-demand streaming of audio content and aim to combat music piracy by offering a user experience, while monetizing licensed content with an ad-supported, free-to-the-user model and a premium, paid model. Read More It provides a marketplace for additional products such as live events and music downloads. The company was founded by Daniel Ek and Martin Lorentzon in 2006 and is headquartered in Luxembourg.

Employees
Headquarters
Luxembourg, Luxembourg
Founded
2006
Market Cap
22.54B
Price-Earnings Ratio
Dividend Yield
Average Volume
1.70M
High Today
$125.57
Low Today
$122.34
Open Price
$123.00
Volume
424.26K
52 Week High
$198.99
52 Week Low
$103.29

Collections

Technology
100 Most Popular
Internet
Software Service
2018 IPO
Europe (Non-UK)
Europe

News

Seeking AlphaMay 23

Spotify: Quality Business Facing Poor Industry Economics

Thesis Spotify (NYSE:SPOT) is a high quality business in a tough industry. Despite intense competition, Spotify's moat is underestimated. Spotify was the first streaming service that has taken the recorded music listening experience to the edge. Music streaming enables users to listen to any song, anytime, anywhere. Streaming has spurred growth in the industry and provided listeners with a far better experience than previous services. Despite the benefits from a consumer's perspective, Spotify will have a...

508
IB TimesMay 15

Why Spotify Is Investing $500 Million On Podcasts

Apple (NASDAQ:AAPL) used to be the only company that mattered in the world of podcasting. That's changing quickly. Although Spotify (NYSE:SPOT) joined the podcast party late -- it didn't support podcasts until 2015 -- it is dead set on dominating the medium. Spotify has pledged to invest up to $500 million in 2019 to acquire podcast companies and has already snapped up three businesses. Will Spotify's aggressive entrance into podcasts pay off? The podcast market is ripe for Spotify's entrance Why does Spo...

1,419
Yahoo FinanceMay 14

Is It Time to Get Greedy With Tencent Music Entertainment?

Tencent Music Entertainment (NYSE: TME), the largest streaming music company in China, recently posted its first-quarter earnings.

314

Earnings

-$2.57
-$1.58
-$0.58
$0.41
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Q1 2019
Q2 2019
Estimated
Actual
Expected Jul 25, Pre-Market

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