Music streaming, Stockholm

Spotify

Stockholm · Founded April 2006

Quick read

Spotify, a public audio streaming company, founded April 2006, headquartered in Stockholm, Sweden. It's the world's largest music streaming platform, with over 761 million monthly active users and 293 million paying subscribers as of March 2026. Beyond music, it's pushed hard into podcasts, audiobooks, and AI-powered discovery features.

Key facts

Founded
April 2006
Founders
Daniel Ek, Martin Lorentzon
Employees
18,512
Sectors
consumer, ai
Website
spotify.com

Mission

Spotify's mission is to unlock the potential of human creativity — giving a million creative artists the opportunity to live off their art, and billions of fans the opportunity to enjoy and be inspired by it.

Recent activity

  • May 2026product
    Spotify hosted its 2026 Investor Day in New York City, the first led by co-CEOs Alex Norström and Gustav Söderström since they took the helm at the start of 2026. Key announcements included: 'Reserved by Spotify', which holds two concert tickets for eligible Premium subscribers before general sale; landmark licensing deals with Universal Music Group and Universal Music Publishing Group enabling a fan cover/remix tool; a new Memberships feature; Audiobooks+ expansions; and Studio by Spotify Labs. The company reported 18% revenue CAGR and nearly €3 billion in free cash flow in 2025, and targets mid-teens revenue CAGR with operating margin above 20% by 2030. newsroom.spotify.com
  • May 2026investment
    Spotify and Netflix jointly acquired exclusive rights to Jay Shetty's podcast 'On Purpose' in a reported $100 million deal. Video episodes move exclusively to both platforms from July 13, ending full-length video distribution on YouTube. variety.com
  • May 2026press
    Spotify experienced a confirmed service outage on May 12, 2026, acknowledged by the company on X. mashable.com
  • Apr 2026press
    Spotify published 20th-anniversary listening data, noting over 1,200 songs in its Billions Club as of April 29 and that more than half of all streams in 2026 came from outside an artist's home country. newsroom.spotify.com
  • Mar 2026product
    Spotify added WASAPI exclusive mode support to its Windows PC client, enabling bit-perfect audio playback for Premium subscribers. en.wikipedia.org
  • Mar 2026press
    Spotify published its 2026 Loud & Clear report marking its 20th anniversary, highlighting growth in music economics and the expansion of artist paths to global audiences since the company's founding. newsroom.spotify.com
  • Feb 2026product
    Spotify reported adding a record 38 million new monthly active users in Q4 2025, reaching 751 million MAUs. The company also launched a 'Page Match' audiobook feature and a partnership with Bookshop.org connecting listeners to independent booksellers. newsroom.spotify.com
  • Jan 2026press
    'Good Hang with Amy Poehler', produced by Spotify's The Ringer, won the first-ever Golden Globe for Best Podcast. newsroom.spotify.com
  • May 2026product
    Spotify testing a 'Bulk Redownload' feature to upgrade audio quality for offline music listeners. tracxn.com
  • Apr 2026product
    Spotify partnered with Peloton to bring fitness content to phone, desktop, and TV. tracxn.com
  • Mar 2026product
    Spotify added WASAPI exclusive mode to its Windows PC client, enabling bit-perfect audio playback for Premium subscribers. en.wikipedia.org
  • Feb 2026press
    Spotify reported a record 38 million new users added in a single quarter (Q4 2025), reaching 751 million monthly active users. en.wikipedia.org

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

  • Daniel Ek · Co-Founder & CEO
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  • Martin Lorentzon · Co-founder
  • Christian Luiga · CFO
  • Gustav Söderström · Co-President & Chief Product and Technology Officer
  • Alex Norström · Co-President & Chief Business Officer

Sources

Frequently asked

What is Spotify?+

Spotify, a public audio streaming company, founded April 2006, headquartered in Stockholm, Sweden. It's the world's largest music streaming platform, with over 761 million monthly active users and 293 million paying subscribers as of March 2026.

Where is Spotify headquartered?+

Spotify is headquartered in Stockholm, Sweden.

When was Spotify founded?+

Spotify was founded in April 2006 by Daniel Ek, Martin Lorentzon.

What sectors does Spotify operate in?+

Spotify focuses on consumer, ai. They primarily operate in these sectors.

Who is the CEO of Spotify?+

Daniel Ek is the CEO of Spotify.

How do I prepare for a meeting with Spotify?+

Brief generates a structured pre-meeting briefing on any person at Spotify — quick read, recent activity, points of view, and conversation openers tailored to what you sell. Sign in to get personalised openers for your product.

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Generated by briefthecall.com from public web sources. Last updated June 7, 2026. Each claim is linked to its source above.

Automatically generated by AI from public sources. May be inaccurate or out of date. Remove or correct this profile →