who owns spotify stock

Who is the top owner of Spotify?

Spotify (NYSE: SPOT) is owned by 57.11% institutional shareholders, 0.00% Spotify insiders, and 42.89% retail investors. Baillie Gifford Co is the largest individual Spotify shareholder, owning 22.14M shares representing 11.50% of the company.

Who makes money from Spotify?

Feb 23, 2020 · Coming in relatively late to the five-percent-plus Spotify stock ownership club in 2019 were Morgan Stanley and T. Rowe Price Associates.

Is Spotify owned by China?

Jan 07, 2021 · Daniel Ek owns 34.5 million shares of Spotify, representing 18.2% of total shares outstanding, according to his 13G filing for the period ending December 31, 2019. 4  Mr. Ek is the co-founder and...

Does Blackrock own Spotify?

Coming in relatively late to the five-percent-plus Spotify stock ownership club in 2019 were Morgan Stanley and T. Rowe Price Associates.

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Apr 05, 2022 · Tencent Music Entertainment is arguably the largest business that owns shares in Spotify. They are the biggest music company to come out of China, and also publish some of the world’s biggest videogames including PlayerUnknowns BattleGrounds (PUBG).

Can I buy Spotify stock?

Is Spotify owned by the Chinese?

How much of Spotify is owned by China?

Is Spotify owned by Amazon?

Is Spotify a US company?

Is Spotify owned by Microsoft?

Does Joe Rogan on Spotify?

What percentage of Spotify does universal own?

How does Spotify make money?

How much debt is Spotify?

Is Spotify a corporation or partnership?

Who are Spotify's suppliers?

What is Spotify technology?

Spotify Technology S.A. ( SPOT) offers an audio-streaming subscription service. The company monetizes its service through monthly fees for its premium subscription service and through sales of advertising associated with its free streaming service.

What are institutional investors in Spotify?

Institutional investors hold the majority of Spotify's shares at about 55-57% of total shares outstanding. 2  3  Each of these shareholders is considered an institutional investor even though the first two are names of individuals. The term "institutional" does not necessarily refer to a financial institution. It is used in this context to designate an investor with significant holdings of a security and who must therefore file specific documents with the Securities and Exchange Commission ( SEC ). Investment managers with at least $100 million in assets under management ( AUM) must file a 13F form each quarter. An individual or group that acquires more than 5% of a company's shares must file within 10 days of the transaction a 13D form, or in certain cases the simpler 13G form. Any investor filing one of these forms is considered an institutional investor.

What is Spotify 2021?

Updated Jan 7, 2021. Spotify Technology S.A. ( SPOT) offers an audio-streaming subscription service. The company monetizes its service through monthly fees for its premium subscription service and through sales of advertising associated with its free streaming service.

How much revenue does Spotify have in 2021?

Spotify has a 12-month trailing net loss of $740.5 million and revenue of $8.5 billion. The company's market cap is about $60.6 billion. These financial data are as of January 5, 2021. 1 .

Who is Matthew Johnston?

Matthew Johnston has more than 5 years writing content for Investopedia. He is an expert on company news, market news, political news, trading news, investing, and the economy. He received his bachelor's degree in interdisciplinary studies from St. Stephen's University and his master's degree in economics at The New School for Social Research. He teaches macroeconomics at St. Stephen's University.

How many shares does Daniel Ek own?

Daniel Ek owns 34.5 million shares of Spotify, representing 18.2% of total shares outstanding, according to his 13G filing for the period ending December 31, 2019. 4  Mr. Ek is the co-founder and chief executive officer ( CEO) of Spotify. He founded the company in 2006 with his business partner, Martin Lorentzon. Spotify has since grown into a leading music-streaming service. 5  Mr. Ek oversaw the company's initial public offering ( IPO) in 2018. Before Spotify, he founded an online marketing firm called Advertigo, which he sold to Sweden-based TradeDoubler AB in 2006. 6  Mr. Ek has a net worth of $4.9 billion. 7 

How many shares does Martin Lorentzon own?

Martin Lorentzon owns 22.4 million shares of Spotify, representing 11.8% of total shares outstanding, according to his 13G filing for the period ending December 31, 2019. 4 Mr. Lorentzon is the other co-founder of Spotify and currently serves as the company's vice chair. 8 He is responsible for designing and implementing strategies, budgets, and goals. 9 From 2008 to 2016, Mr. Lorentzon served as the company's chair of the board. In 1999, he founded TradeDoubler, the company to which Mr. Ek sold Advertigo in 2006. Mr. Lorentzon also served on the board of directors of Telia Company AB, Sweden's primary telecom operator, between 2013 and 2018. 10 He has a net worth of $7 billion. 11

Who owns Spotify?

In total, at the close of last year, SEC documents show that exactly 65 percent of Spotify was owned by just six parties: the firm’s co-founders , Daniel Ek and Martin Lorentzon (30.6 percent of ordinary shares between them); Tencent Holdings Ltd. (9.1 percent); and a run of three asset-management specialists : Baillie Gifford (11.8 percent), Morgan Stanley (7.3 percent), and T.Rowe Price Associates (6.2 percent). These three investment powerhouses owned more than 25 percent of Spotify between them — a fact worth remembering next time there’s an argument about whose interests Spotify is acting in when it makes controversial moves (for example, SPOT’s ongoing legal appeal against a royalty pay rise for songwriters in the United States).

How much is Spotify worth in 2019?

Last year saw Spotify’s public valuation on the New York Stock Exchange rise as high as $28.34 billion ($157.66 per share on August 8th) but sink as low as $19.65 billion ($112.52 per share, October 1st) during a tempestuous third quarter.

How much is Spotify worth?

Spotify is the worlds largest music streaming business valued at over $27 billion. But who owns Spotify now? On April 3rd 2018, the Swedish based company Spotify was listed on the stock market with the stock symbol SPOT.

How much money does Spotify pay?

Since its launch, Spotify has paid out more than $15 billion in royalties to artists, music labels and publishers. 16% of monthly active users listen to at least one podcast a month. Spotify operates currently in 79 countries and territories. As of Dec 31 2019, Spotify had 124 million and 96 million Premium Subscribers.

Who is Ek from Spotify?

Ek from an early age was an entrepreneur. From building websites and recruiting fellow students to start a company called Advertigo which was later sold to Tradedoubler. He then went on to create Spotify with cofounder, Martin Lorentzon.

What is the most popular streaming service?

Spotify is the most popular global audio streaming subscription service. Premium Subscribers grew 29% year-over-year as of December 31, 2019, to 124 million. The Global music industry grew by 10% to $19.1 billion in 2018.

How many Spotify subscribers are there in 2019?

Premium Subscribers grew 29% year-over-year as of December 31, 2019, to 124 million. In 2019, Our Premium. The Global music industry grew by 10% to $19.1 billion in 2018. Since its launch, Spotify has paid out more than $15 billion in royalties to artists, music labels and publishers.

What is the business model of Spotify?

Spotify is creating a complete ecosystem in the music industry and is expanding into the production side of the business as well as growing the ‘product’ side. The Spotify business model is proving to a strong adversary to Apple and Google who also have ambitions to grow their share of the music streaming industry.

Who is Martin Lorentzon?

Martin Lorentzon: Co-founder. Martin Lorentzon has the second largest number of shares at just over 22 million. In September 1999 Lorentzon and Hagnö founded Netstrategy that later became the leading European marketplace Tradedoubler. In 2005 he sold his Tradedoubler option for US$70 million.

Who is the founder of Spotify?

Spotify ( /ˈspɒtɪfaɪ/; Swedish: [ˈspɔ̂tːɪfaj]) is a Swedish audio streaming and media services provider founded in 2006 by Daniel Ek. It is the world's largest music streaming service providers, with over 356 million monthly active users, including 158 million paying subscribers, as of March 2021.

Where was Spotify founded?

Spotify was founded in 2006 in Stockholm, Sweden, by Daniel Ek, former CTO of Stardoll, and Martin Lorentzon, co-founder of Tradedoubler. According to Ek, the company's title was initially misheard from a name shouted by Lorentzon. Later they thought out an etymology of a combination of "spot" and "identify."

Where is Spotify available?

Spotify is available in most of Europe and the Americas, Oceania and more than 40 countries in Africa as of July 2021 (including South Africa and Mauritius) and Asia. By the end of 2021, Spotify is expected to operate in a total of 178 countries.

When did Spotify open for free?

In February 2009, Spotify opened public registration for the free service tier in the United Kingdom. Registrations surged following the release of the mobile service, leading Spotify to halt registration for the free service in September, returning the UK to an invitation-only policy.

When did Spotify launch?

Spotify launched in the United States in July 2011 ...

What song has the most streams on Spotify?

Later that month, Drake's song " One Dance " became the first song to hit one billion streams on Spotify. Upon its release in August 2017, the single " Look What You Made Me Do " by Taylor Swift earned over eight million streams within 24 hours, breaking the record for the most single-day streams for a track.

When did Spotify go public?

Spotify went public on the stock market in April 2018 using a direct public offering rather than an initial public offering. This approach is not intended to raise fresh capital, but to let investors get their returns. Morgan Stanley is the company's slated advisor on the matter.