Spotify Technology SA (NYSE:SPOT)

North American company
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Market Info - SPOT

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Company Info - SPOT

  • Market Cap$22.416bn
  • SymbolNYSE:SPOT
  • IndustryCommunication Services
  • SectorInternet Content & Information
  • Currency
  • ISINLU1778762911

Company Profile

Spotify, headquartered in Stockholm, Sweden, is one of the world’s largest music streaming service providers, with over 150 million total listeners. The firm monetizes its users through both a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 90% and 10% of Spotify’s 2017 total revenue, respectively.Spotify Technology SA offers music streaming subscription service. Its platform includes Monthly active users and Premium Subscribers. It operates and manages business in two reportable segments Premium and Ad-Supported.

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