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Spotify Technology S.A. Company Profile

NYSE: SPOTConsumer DiscretionaryBroadcastingUSD

512.92+24.79 (+5.08%)

At close: Oct 7, 4:00 PM ET · Delayed 15 min

Spotify Technology S.A. at a glance

Spotify Technology S.A. (NYSE: SPOT) is a Broadcasting company in the Consumer Discretionary sector headquartered in Stockholm, Luxembourg. Spotify Technology S.A. is led by Mr. Alex Norström and employs about 7,000 people. The company's shares have traded publicly since 2018.

At a market capitalization of $100.47 billion, it is considered a large-cap company. Its SEC Central Index Key (CIK) is 0001639920, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Spotify Technology S.A. do?

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.

Business description based on the company's public filings.

Company information

Legal name
Spotify Technology S.A.
Ticker
NYSE: SPOT
Industry
Broadcasting
CEO
Mr. Alex Norström
Employees
7,000
Headquarters
Regeringsgatan 19, Stockholm, Luxembourg
Phone
1-917-748-6610
IPO year
2018
Market cap
$100.47B
SEC CIK
0001639920

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