When Daniel Ek founded Spotify (SPOT.N) in 2006, a viable music product was a “moon shot.” The global music industry was struggling with years of...
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Daniel Ek will step down as Spotify CEO on January 1, 2026. He will not be leaving the company but will instead become Spotify's chairman. The CEO role will then be taken over by Gustav Söderström and Alex Norström, who previously held the positions of co-president and chief business officer of Spotify.This is the biggest change in Spotify's leadership since it was founded in 2006 to tackle piracy in the music industry. Ek's resignation comes after a boycott movement against Spotify after he invested in a military technology company.Spotify is the world's largest music streaming platform with over 700 million monthly active users. While the streaming platform has successfully tackled music piracy for the past decade, it has also created problems with increasingly expensive subscriptions and declining artist payments.
When Daniel Ek founded Spotify (SPOT.N) in 2006, a viable music product was a “moon shot.” The global music industry was struggling with years of...
When Daniel Ek founded Spotify (SPOT.N) in 2006, a viable music product was a “moon shot.” The global music industry was struggling with years of...
Spotify has partnered with ChatGPT to provide users with personalised music and podcast recommendations. READ MORE: Keir Starmer tells us about...
Streaming service Spotify is bringing its in-house video podcasts to Netflix starting in early 2026.
Streaming service Spotify is bringing its in-house video podcasts to Netflix starting in early 2026.
CelcomDigi, the leading local telecommunications company, today launched a new app to replace its existing consumer apps, Celcom Life and MyDigi.The...
CelcomDigi, the leading local telecommunications company, today launched a new app to replace its existing consumer apps, Celcom Life and MyDigi.The...
Netflix has agreed a distribution deal with Spotify to bring a slate of Spotify Studios and The Ringer video podcasts to the streaming platform from...
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The streaming service says it will respect artists' rights in creating new "responsible" AI products.