Daniel Ek

  1. Spotify, MTV Partner on Playlists, Editorial

    July 22, 2014 12:05 PM EDT "Spotify and Viacom have announced an editorial partnership that will bring MTV, VH1 and CMT's apps and curatorial voice to the Spotify platform in the U.S. The partnership will be U.S.-focused at the outset, with it likely to expand to ...

  2. Spotify Founder Daniel Ek Talks Russia, Apple and Beats in Q&A

    July 16, 2014 2:42 PM EDT Spotify chief Daniel Ek closed out Fortune magazine's annual technology conference, Brainstorm, today with a 25-minute Q&A called "Making Cents of Music." He was interviewed by one of the magazine's senior writers, Jessi He ...

  3. Spotify Said to Be Training for Its IPO, Practicing Earnings Calls (Report)

    June 23, 2014 10:20 AM EDT Since early this year, Spotify has been dropping hints that it may go public in the near future -- namely, obtaining a $200 million credit line ,  posting a job listing for an "External Reporting Specialist,"  and acquiring music intelli ...

  4. Spotify Offers Price Reduction for Summer as Streaming Price Wars Heat Up

    June 03, 2014 11:04 AM EDT Not to be outdone by Beats Music's recent, if modest , price reduction on the heels of its acquisition by Apple, Spotify has announced a far less demure drop of its own. Beginning today and ending June 15th, the service is offering customers ...

  5. Spotify CEO Daniel Ek on Hitting 10 Million Subs, Apple-Beats Deal, IPO (Q&A)

    May 21, 2014 7:16 PM EDT On Wednesday Spotify revealed it now has ten million paying subscribers and 40 million active users. CEO and founder Daniel Ek spoke to Billboard about what the numbers say about where the industry and his own business is right now. Billboard: ...

  6. Spotify Now Has 10 Million Paid Subscribers, 3 Million In U.S. (Exclusive)

    May 21, 2014 8:00 AM EDT New numbers important to both the industry and the music streaming company. The number of paying Spotify subscribers has grown to ten million globally driven by mobile usage -- noting a major landmark number for the music industry as it looks ...

  7. How Spotify's Daniel Ek, Sprint's Dan Hesse Pulled a Deal Together in a Month

    April 30, 2014 8:00 AM EDT It may be hard to believe given the scale of their new partnership, but Sprint CEO Dan Hesse and Spotify CEO Daniel Ek met for the first time just a month ago in a “spontaneously planned” meeting at San Francisco Airport.  That both companies have ...

  8. Spotify, Sprint Unveil Music Bundling Offer

    April 29, 2014 12:20 PM EDT Spotify and the No.3 wireless operator Sprint unveiled their music offer as part of the phone company’s ‘Framily’ plans, with premium service going as low as $4.99. The two companies did not initially reveal details of their marketing plans, but i ...

  9. Spotify's Daniel Ek, Echo Nest's Jim Lucchese Explain What The Big Data Deal Is (Q&A)

    March 07, 2014 2:30 PM EST Spotify, which appears to be putting the pieces in place for a possible initial public offering of its stock, on Thursday added a key component to its company by acquiring The Echo Nest, a data company and recommendation engine used by several of ...

  10. Business Matters: Why Spotify Bought The Echo Nest

    March 06, 2014 5:15 PM EST Spotify's acquisition of the Echo Nest signals the growing importance of data in the music business as context becomes king in a world of virtually unlimited content. The Swedish on-demand music streaming service has plenty of content, abou ...

  11. Spotify Acquires the Echo Nest

    March 06, 2014 10:19 AM EST Spotify announced today that it has acquired the Echo Nest. The deal will allow the streaming platform to utilize the music intelligence platform's widely-used algorithms to enhance user experience and music discovery for Spotify's mil ...

  12. Spotify Adds Netflix Experience to Board With Barry McCarthy Appointment

    February 13, 2014 2:48 AM EST Spotify is turning to the world of video for clues on getting its music business to grow. The Swedish on-demand streaming service has tapped Barry McCarthy, the former chief financial officer of Netflix, to be the fifth member of its board. McCart ...

  13. Grammy Week: YouTube's Robert Kyncl Faces Tough Crowd of Lawyers

    January 24, 2014 6:07 PM EST The music industry's top lawyers laid aside their copyright swords the Friday before the Grammy Awards to host a keynote from YouTube's Head of Content, Robert Kyncl (recently put at No. 45 on our Power 100 ). Kyncl acknowledged the some ...

  14. The Music Biz in 2013: In Flux, Disruptors Disrupted

    January 01, 2014 8:28 AM EST The week before Christmas, pondering a year-end music business essay, a litany of major stories jumped to mind, including: the Twitter and SFX IPOs; Sony and Vivendi investors’ calling for entertainment spin-offs; Live Nation’s record revenues ...

  15. Spotify CEO Daniel Ek Announces Led Zeppelin Deal, Free Mobile Service at New York HQ

    December 11, 2013 11:32 AM EST Spotify on Wednesday made the launch of a free streaming service for tablets, both iPads and Android devices, and other mobile devices official. So far, mobile access required users to pay for a premium version of the otherwise free -- advertisi ...

  16. T.J. Martell Foundation Honors Spotify's Daniel Ek, Lady Gaga Manager Troy Carter, Raises $1 Million

    October 21, 2013 4:44 PM EDT With performances by Colbie Caillat and a slew of music industry executives in attendance, Artworks for the Cure adds prestige and much needed cash for the fight against leukemia, cancer and AIDS. T.J Martell Foundation raised over $1 million fo ...

  17. Spotify Launches Twitter-Style Follow Buttons

    October 02, 2013 1:34 PM EDT Spotify Launches Twitter-Style Follow Buttons Just about any website or artist page you go to these days features a prominent follow button , which typically leads to a Twitter account . As of this week, you'll start seeing Spotify buttons ...

  18. Warner Music Owner Len Blavatnik, Adele, Simon Cowell Rise on U.K. 'Rich List'

    April 22, 2013 6:14 AM EDT Adele, Simon Cowell, Paul McCartney and Daniel Radcliffe are among the British entertainment industry figures who saw their fortunes rise last year, according to the annual Sunday Times Rich List. Published on Sunday by the newspaper owned by R ...

  19. Daft Punk Sets Spotify Record With 'Get Lucky'

    April 20, 2013 1:07 PM EDT Daft Punk has set a record on Spotify. The music service says the French electronic duo's song "Get Lucky" had the biggest streaming day for a single track on Friday in the U.S. and the United Kingdom. Spotify wouldn't re ...

  20. Business Matters: Spotify, Deezer Inactive Accounts Are Just Part of Doing Business

    March 28, 2013 2:57 PM EDT When you hand out free accounts to a digital service -- especially in the age of Facebook Connect -- you're likely to find most people just aren't that into you. That's what Spotify and Deezer have found, notes music industry ana ...

  21. 2013 Grammy Week Parties: All The Sights, Sounds, Hotspots

    February 05, 2013 2:50 PM EST Pre-parties, afterparties, brunches, dinners, galas galore -- it's the music industry's week to shine. Here's a roundup of everything we know about that's going on (that we're allowed to write about, anyway). Caveat empt ...

  22. Music Biz 2012: A Look Back at a Tumultuous Year

    December 14, 2012 8:13 AM EST In what has to be the most memorable quote about our industry in recent memory, David Geffen -- during an event for the recent documentary about his towering career -- said "I'd kill myself" rather than get into the music business t ...

  23. Deals to Watch in 2013: AEG, Live Nation, EMI Divestments, More

    December 14, 2012 7:00 AM EST As the year comes to a close, some big deals are still up in the air; and others appear to be waiting in the wings. • The auction for AEG, Anschutz Entertainment Group, which owns more than 100 arenas including Los Angeles' Staples Center and ...

  24. Business Matters: Streaming Services Pay Far Better Than Terrestrial Radio

    December 10, 2012 7:02 PM EST Some artists don't like what they're paid by streaming services. But the problem may stem from artists comparing streaming rates to purchases rather than what they get from terrestrial radio. Compared to terrestrial radio, by far the mos ...

  25. Spotify: What the Press Is Saying About Yesterday's Event

    December 07, 2012 2:55 PM EST Along with headline-grabbing items like a Lars Ulrich/Sean Parker public reconciliation, a performance from Frank Ocean and, of course, the recruitment of Metallica's catalog, yesterday's Spotify press conference announced some important ...

  26. Business Matters: A $3 Billion Valuation Brings Spotify Expectations Back to Earth

    November 12, 2012 6:10 PM EST News that Spotify raised money at a $3 billion valuation and generated $200 million in revenue in the first half of 2012 is more like the sound of air being let out of a tire rather than a bursting bubble. The company has been hyped more than any ...

  27. Spotify Raising $100m for Expansion; Opening in Latin America, Eastern Europe Next Year

    November 11, 2012 9:00 AM EST Spotify is close to wrapping up a $100 million round of funding at a valuation of $3 billion as it prepares for expansion into Latin America and expanding further across Europe in 2013. The latest round of funding, confirmed by a source familiar w ...

  28. Why Would Spotify Launch a Web Version? Here Are Five Reasons

    September 10, 2012 4:59 PM EDT Right now, Spotify.com promotes the desktop version and various features. Could it transform into a music service in and of itself?" A Saturday TechCrunch report about a browser-based version of Spotify led to thousands of posts over the week ...

  29. As Facebook Stock Nears $18, Its Focus on Music Will Suffer

    August 31, 2012 4:29 PM EDT Facebook shares dove under $19 and were trading down 4.86% to $18.17 Friday afternoon after slashed price targets and fresh revenue concerns. Citing "challenged" media spending and an inflow of additional shares from lock-up expirations, ...

  30. Matisyahu's 'Spark Seeker' Spotify App: Developer, Manager Break Down Design Process, Tech Details

    August 16, 2012 12:57 PM EDT When Spotify first launched its app platform, it was with aspirations towards providing an easy way for third-party developers to enhance Spotify's music listening experience and ultimately build a vibrant marketplace. Though development on t ...

  31. 40 Under 40: Daniel Ek

    August 02, 2012 4:02 PM EDT Daniel Ek CEO, Spotify Website: Spotify.com Twitter: @ELDSJAL An Ear Toward The Future The people at Spotify spend a lot of time thinking and debating where the company will be in one to five years, CEO Daniel Ek, 29, says: "If you've ar ...

  32. 40 Under 40: Sean Parker

    August 02, 2012 3:37 PM EDT Sean Parker Executive General Partnery, Founders Fund Website: foundersfund.com Twitter: @sparker Guiding the Musical Marketplace Sean Parker, 32, helped raise Facebook, invested in Spotify via Founders Fund and midwifed the partnership between th ...

  33. Business Matters: Is Spotify Labels' #2 Source of Revenue? Probably Not

    June 27, 2012 5:42 PM EDT Streaming Services Not No. 2 Source of Label Revenue Spotify may be the second-largest digital account for major labels, but streaming is hardly their second-largest source of revenue. In fact, it's unlikely that any single subscription servi ...

  34. Sean Parker, Shawn Fanning on Airtime, Spotify's Similarities to Napster, Working With the 'Legendary' Bob Pittman

    June 06, 2012 2:18 PM EDT "I don't think I've ever been this tired," Sean Parker said Tuesday afternoon. It was nearly three hours after he and Napster co-founder Shawn Fanning officially unveiled new social video-chat service Airtime at a technical-dif ...

  35. Sean Parker: Apple Tried To Keep Spotify Out Of The U.S.

    May 31, 2012 7:46 AM EDT Spotify's long-delayed U.S. launch may have been due to pressure from Apple, shareholder Sean Parker said Wednesday at the D:All Things Digital conference. Parker was short on specifics, however. "There was some indication that that migh ...

  36. Spotify Raising Funding at $4 Billion Valuation: Report

    May 17, 2012 2:49 PM EDT Music subscription service Spotify is raising money at a $4 billion valuation, according to a report Thursday at the New York Times . The report says Goldman Sachs is set to invest $100 million and the round -- which will not close for "many ...

  37. Spotify's Artist In Residence DA Wallach on Apps, Artist Services, and What His Job Title Means

    May 10, 2012 1:40 PM EDT DA Wallach, half of the pop-rock duo Chester French and Spotify's official artist in residence. As one of its many efforts to make itself a different kind of music-subscription service, Spotify brought in an official "artist in residence ...

  38. Business Matters: What it Means For Spotify's Daniel Ek to be Worth $308 Million

    April 30, 2012 6:01 PM EDT Daniel Ek Is Worth $308 Million Because The Market Values Spotify So Highly It may surprise some people that Spotify CEO and co-founder Daniel Ek is worth $308 million (£190 million), according to a list of richest British people in music at the S ...

  39. Spotify, Coca-Cola Team Up for App, Facebook Integration, More

    April 18, 2012 12:00 PM EDT Spotify and Coca-Cola are teaming up for a global partnership that will include a Spotify app, a Facebook integration and a 2013 marketing campaign, among other elements. "This is the beginning of something we both feel will be incredibly lon ...

  40. Spotify Announces Global Deal With Coca-Cola

    April 18, 2012 10:40 AM EDT Spotify CEO Daniel Ek announced a global partnership with Coca-Cola at Ad Age's Digital Conference this morning, according to multiple reports . "I can't reveal more details now," Elk said, "but I'm really excited abo ...

  41. Will Spotify Debut an iPad App Wednesday?

    April 17, 2012 11:06 AM EDT An image of a Spotify iPad app captured in the wild has exploded across the Internet this week, raising expectations the company will finally launch its first app created specifically for the iPad device. The picture was reportedly taken by a Swed ...

  42. Spotify May Seek More Funding, But No IPO

    April 13, 2012 2:13 PM EDT Spotify will lose a projected $60 million this year, despite a massive growth in revenue to $889 million, but that's not fazing CEO Daniel Ek. "Our focus is entirely on growth," he told Swedish paper Dagens Industri ( via TechCrunch ...

  43. A Timeline of Spotify's Attempted Journey Toward Becoming the 'OS of Music'

    March 22, 2012 5:26 PM EDT The HotOrNot app, which launched today on Spotify's music platform, runs on Warner Music Group's music. This causes more people to listen to that music within Spotify -- and money to flow to WMG and its artists Spotify recently rolled ou ...

  44. Spotify's Ken Parks @ SXSW Panel: No Reason Why Music Biz Can't be 'Multiples of Size' Larger

    March 13, 2012 8:19 PM EDT Left to right: Billboard editorial director Bill Werde and Spotify chief content officer Ken Parks. (Photo credit: Glenn Peoples) No other digital music company -- perhaps with the exception of Apple -- has been so closely covered in the last two ...

  45. Photos: Lana Del Rey, Jessie J, Irving Azoff, Scooter Braun, More at Lucian Grainge's Grammy-Night Party

    February 13, 2012 6:51 PM EST From left: David Joseph, Chairman & CEO, Universal Music UK; Lana Del Rey; Lucian Grainge, Chairman & Chief Executive Officer, Universal Music Group. (Photos: Courtesy Universal Music) Far from the proverbial madding crowds on Grammy night ...

  46. Daniel Ek Talks Spotify's Growth at Entertainment Law Luncheon; John Branca Shares Priceless Michael Jackson Story

    February 10, 2012 9:02 PM EST (L-R)Ziffren Brittenham Partner John Branca, Recording Academy President/CEO Neil Portnow and Spotify CEO Daniel Ek outside the Entertainment Law Initiative Luncheon and Scholarship Presentation Friday. (Photo: Michael Underwood/PictureGroup) BEVE ...

  47. Billboard Power 100: Daniel Ek

    January 27, 2012 12:28 AM EST No. 29 Daniel Ek CEO Spotify Twitter: @eldsjal Disruptor... Daniel Ek has given hope to the subscription model. For much of the 2000s, the record industry faced a conundrum: People thought access would someday replace ownership, but access-based s ...

  48. Billboard Power 100: Sean Parker

    January 26, 2012 10:16 PM EST No. 60 Sean Parker Executive General Partner Founders Fund Twitter: @sparker Hell-Raiser... The man partially responsible for breaking the music industry just might end up saving it. In popular culture, Sean Parker is best-known as the entrepreneu ...

  49. Billboard Power 100: A Letter From the Editor

    January 26, 2012 7:50 PM EST Welcome to the Power 100, or as I like to call it, the issue that will make one person love us and everyone else stop taking our calls. In a certain relief, that might be a good thing: Here at Billboard, the phones haven't stopped ringing, as ...

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