Daniel Ek news and trends

Spotify Shifts From One-Size-Fits-All to Customized Subscription Plans
Earnings // July 26, 2024

Spotify Founder and CEO Daniel Ek believes the company’s approach to flexibility for its customers is a key success factor. Second-quarter earnings, reported on Tuesday (July 23), highlightedSpotify’s accelerated revenue growth, achieving record highs for both gross margin and operating income. Innovations like daylist and...

Spotify Hits Record Q2 Earnings Amid Double-Digit User Growth
Earnings // July 23, 2024

In its earnings report released Tuesday (July 23), Spotify showcased a record-breaking second quarter, driven by features in its music offerings such as daylist and AI DJ, alongside expansions into video podcasts and audiobooks. These developments have bolstered user engagement, the company said, reinforcing Spotify’s...

Spotify Seeks New CFO as Company ‘Enters a New Phase’
Streaming // December 07, 2023

Spotify has announced that it is seeking a new chief financial officer as the company “enters a new phase.” CFO Paul Vogel will leave Spotify on March 31, and the company is now conducting an external search for his successor, Spotify said in a Thursday (Dec....

Spotify Strikes Profit Chord With AI and Price Hikes 
Streaming // October 24, 2023

In February, Spotify dropped the beat with its artificial intelligence (AI) DJ — a personalized guide so in tune with the Spotify user and their music preferences that it can effortlessly orchestrate their playlist.  “The beauty of these experiences is our ability to deliver the...

Quick Reads
CEOs of Meta and Spotify Say EU Regulations ‘Stifle Innovation’

August 23, 2024
European Union (EU) regulations impacting artificial intelligence (AI) may deny the region’s businesses, academics and others the chance to participate in new technology investment and economic growth opportunities, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek wrote in a joint statement released Friday (Aug. 23). The CEOs wrote in the statement that tech companies doing business in Europe face “overlapping regulations […]

Spotify Seeks New CFO as Company ‘Enters a New Phase’

December 07, 2023
Spotify has announced that it is seeking a new chief financial officer as the company “enters a new phase.” CFO Paul Vogel will leave Spotify on March 31, and the company...

Spotify Chief Pressures EU in Person to Move on Apple Antitrust Case

September 07, 2022
The founder of Spotify made a visit to Brussels to pressure the European Commission to accelerate a case against Apple’s reported “anti-competitive conduct,” the Financial Times wrote Wednesday (Sept. 7)....

Samsung Pair-Up Lifts Spotify’s Stock

August 10, 2018
Spotify chief executive Daniel Ek announced that the company is teaming up with Samsung to provide an end-to-end integration across all devices. “The partnership we are announcing with Samsung today...