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Spotify GmbH employees in Berlin established an electoral board in February 2023, ... aimed at representing the songs listened to in major cities around the world ...
Spotify: 8.53 March 2016 [5] April 2018 [652] Direct listing 30 Sweden Daniel Ek, Martin Lorentzon: Skype: 8.5 May 2011 September 2015 [653] Acquired 2.6 Sweden Niklas Zennström and Janus Friis: Toast: 8 November 2020 [654] September 2021 [655] IPO 20 United States Twitter 8 September 2011 November 2013 [656] IPO 14.2 United States
South Korean boy band BTS is the most-streamed group in Spotify's history. [1] The following list contains the most-streamed artists on the audio streaming platform Spotify. As of February 2024, American singer-songwriter Taylor Swift is the most-streamed artist, [2] and Canadian rapper Drake is the most-streamed male artist in Spotify's history.
Spotify Sven Hans Martin Lorentzon ( pronounced [ˈmǎʈːɪn ˈlôːrɛnˌsɔn] ; born 1 April 1969) is a Swedish entrepreneur and co-founder of Tradedoubler and Spotify . [ 1 ] From 2013 to 2018 he was on the board of Telia Company .
Spotify reports paying on average US$0.006 to US$0.008 per stream. In response to concerns, Spotify claims that they are benefiting the music business by migrating "them away from piracy and less monetized platforms and allowing them to generate far greater royalties than before" by encouraging users to use their paid service. [33] [34]
In October 2016, Spotify co-founder Martin Lorentzon announced he would be stepping down as chairman and Ek would be taking over alongside his role as CEO. [13] [6] As of April 2019, Spotify has 217 million active users [14] and as of June 2017 had raised over $2.5 billion in venture funding. [15]
Spotify's most streamed song for the longest period of time was "Shape of You" (2017) by the English singer-songwriter Ed Sheeran. Currently, 870 songs have surpassed one billion streams on Spotify, [1] 135 have surpassed two billion, 17 have surpassed three billion, and two have surpassed four billion Spotify streams.
According to Wall Street analysts, Spotify is projected to reach 2024 earnings per share (EPS) of $5.90, making it its first full year of positive net income, reversing a loss of $2.73 per share ...