Who Owns Spotify

Daniel Ek has 185 ownership of ordinary shares and 336 of the voting power. Tencent Holdings owns 10 percent of Universal which in turns owns around 35 percent in Spotify which in turn owns around nine percent in Tencent Music Entertainment which in turn is part-owned by Universals two main rivals Warner and Sony but remains majority owned by Tencent Holdings which in turn owns 91 percent of Spotify.

Daniel Ek Wikipedia

Martin Lorentzon is also a co-founder of the company.

Who owns spotify. Therefore they tell us a lot about those who bought chunks of Spotify in the past calendar year and those who cashed in their stock. Who Really Owns Spotify. In total at the close of last year SEC documents show that exactly 65 percent of Spotify was owned by just six parties.

Tencent Holdings is about to own 10 percent of Universal which in turns owns around 35 percent in Spotify which in turn owns around nine percent in Tencent Music Entertainment which in turn is. One key revelation from the filings. 11 rijen Who owns Spotify.

Long-term investors in Spotify required nerves of steel in 2019. Tencent Holdings is about to own 10 percent of Universal which in turns owns around 35 percent in Spotify which in turn owns around nine percent in Tencent Music Entertainment which in turn is part-owned by Universals two main rivals Warner and Sony but remains majority owned by Tencent Holdings which in turn owns 91 percent of Spotify. On April 1 2021 billionaire rapper Kanye West was reported to have bought the music streaming platform Spotify.

Yes the 26 billion-valued streaming service is partially owned by a raft of corporate giants from Tencent 92 percent to Baillie Gifford 97 TCV. Martin Lorentzon owns 224 million shares of Spotify representing 118 of total shares outstanding according to his 13G filing for the period ending December 31 2019. The short version.

Spotify is proud of its independent status. The multi-billion music streaming company Spotify is primarily owned by its founders Daniel Ek and Martin Lorentzon. He is the person who owns most shares after Daniel Ek.

Speaking of industry incestuousness I suggest you read more about Tencents 91 percent stakeholding in Spotify which is awe-inspiring in its spiders web of vested interestsThe short version. SPOT is owned by 5850 institutional shareholders. Martin Lorentzon owns 24 million shares of the company which 13 including the warrants.

Where Martin Lorentzon has 121 of ordinary shares and 438 of the voting power. Discover manage and share over 70 million tracks including more than 26 million podcast titles for free or upgrade to Spotify Premium to access exclusive features for music including improved sound quality and an on-demand offline and ad-free listening experience. The firms co-founders Daniel Ek and Martin Lorentzon.

Last year saw Spotifys public valuation on the New York Stock Exchange rise as high as 2834 billion 15766 per share on August 8th but sink as low as 1965 billion. About Spotify Spotify transformed music listening forever when it launched in 2008. Tencent Holdings is about to own 10 percent of Universal which in turns owns around 35 percent in Spotify which in turn owns around nine percent in Tencent Music.

If they are excluded he owns 12 of the shares. The short version. Who Owns Spotify Daniel Ek.

The short version. Tencent Holdings is about to own 10 percent of Universal which in turns owns around 35 percent in Spotify which in turn owns around nine percent in Tencent Music. Hedge fund manager Tiger Global dumped 115 million Spotify shares in 2019 taking its stake from 66 percent down to just 01 percent.

Tiger Global Private Investment Partners an offshoot of US.

Meet The 34 Year Old Millionaire Founder Of Spotify