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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.
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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...
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...
Expected Jul 25, Pre-Market