Internet Software and Services
Company Overview of Spotify Limited
Spotify Limited provides a digital music-streaming service that gives on-demand access of songs on devices, computers, mobiles, tablets, and home entertainment systems. Its services allow subscribers to search and discover music collections of friends, artists, and celebrities; build a personal collection playlist; and share music on Spotify, Facebook, Twitter, blog, and via email with friends. The company also allows artists to post tracks on social networks, share them with fans, and promote career. In addition, it provides advertising services. The company was founded in 2006 and is based in London, United Kingdom with operations in Surry Hills, Australia; Brussels, Belgium; Berlin, Germa...
30 Great Pulteney Street
London, W1F 9NN
Founded in 2006
Key Executives for Spotify Limited
Founder and Chief Executive Officer
Co-Founder and Chairman of The Board
Managing Director and Sales Director of Australia & New Zealand
Managing Director of Uk Operations
Compensation as of Fiscal Year 2016.
Spotify Limited Key Developments
Spotify Seeks Acquisitions
Mar 30 16
Spotify Limited is seeking acquisitions. Spotify has raised $1 billion in debt as it looks to buy companies that could accelerate its growth before listing shares on the public market within the next couple years, according to a person familiar with the matter.
Amazon Partners with Domino's, Spotify and Uber for On-Demand Service
Feb 6 16
Amazon Echo partners with Domino's, Spotify, Uber for on-demand service. The purpose of the Amazon Echo is blossoming with the addition of new partnerships with Domino's, Uber and Spotify. The Bluetooth speaker and virtual personal assistant is said to be evolving and becoming an at-home contender in the world of mobile-based assistance from the likes of Apple, Google and Microsoft. Amazon disclosed its new partnership with Uber, making it possible to order a ride without using a phone. Amazon announced its partnership with Spotify, which allows users to make verbal music requests on the streaming service without lifting a finger. Amazon announced it will be working with Domino's to allow hands-free delivery and order-tracking.
Spotify Reportedly May Seek Initial Public Offering
Jan 27 16
Spotify Limited reportedly may seek a initial public offering. Spotify is seeking to raise $500 million from investors to finance future growth through convertible notes, Swedish daily Svenska Dagbladet reported on January 27, 2016. Citing bank documents and publishing screenshots of those on its website, Svenska Dagbladet said Spotify planned to offer notes with a 4% yield which would convert into Spotify shares in case of a future initial public offering at a discount to the IPO price. Spotify spokespersons were not immediately available for comment.
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