The streaming giant closed out its first full year of profitability in 2024 while growing listeners to a new record. Just over a year after laying off 1,500 of its workers and parting ways with its ...

Spotify shares are up 10% premarket on a strong fourth quarter that saw users and subscribers grow and the global music giant post a full-year profit for the first time since it launched in 2008.

Spotify’s stock surged to a new all-time high of $626 this week, boosting the company’s market cap to $125.71 billion.

Former Spotify CFO and current director Barry McCarthy. As Spotify’s stock price continues to hit new highs, the company’s ...

Spotify on Monday announced plans to lay off around 6% of its global workforce in an effort to reduce costs and improve efficiency. CEO Daniel Ek said in a blog post that the company had made a ...

The round follows a Series A of $65 million in 2023 from Lakestar, Atomico, General Catalyst, and Prima Materia, the investment firm co-founded by Spotify’s Daniel Ek, who happens to be the ...

It’s been a tough week for Spotify CEO Daniel Ek. Since folk singer Neil Young sparked a movement of artists taking their music off the streaming service rather than share a platform with podcaster ...

Spotify bosses have pocketed around £800million selling shares in the music streaming giant. Boss Daniel Ek and his co-founder Martin Lorentzon offloaded more than 2.5m shares in the firm last ...

Neko Health, a startup from Spotify Technology SA founder Daniel Ek, has raised $260 million to bring its body-scanning technology to the US. The company, which operates in Sweden and the UK ...

In Spotify's Q4 earnings call with investors, the word "podcast" was not spoken in the prepared remarks. Only when an investor asked about it in the Q&A portion did the company address its podcast ...

Life is good at Spotify HQ. The streaming giant closed out its first full year of profitability in 2024 while growing listeners to a new record. Just over a year after laying off 1,500 of its ...