Daniel Ek

  1. 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 ...

  2. 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 ...

  3. 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 ...

  4. Spotify Seeking Additional Funding at $5.27 Billion Valuation (Report)

    September 06, 2013 3:40 PM EDT Spotify is seeking cash to help fuel its global growth. According to a report at Swedish news outlet Dagens Industri , the world's largest music subscription company is seeking debt financing at a $5.27 billion valuation.   The report claim ...

  5. Business Matters: Why Would Spotify Get Into The Video Business?

    March 25, 2013 6:13 PM EDT Spotify wants to create a video streaming service and is seeking a partner to help fund and create original programming, according to a report Monday. A lot of things are printed about Spotify. Some of them are pretty odd, frankly. This one isn& ...

  6. Spotify to Pay Rights Holders $500 million in 2013, Chief Exec Daniel Ek Says at Founders Forum Event

    February 05, 2013 9:13 PM EST Above, L-R: Universal Music Group president of global digital business Rob Wells and Spotify chief executive Daniel Ek (Photo credit: Phil McCarten)   Spotify chief executive Daniel Ek on Tuesday said his company expects to pay rights holders ...

  7. 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 ...

  8. 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 ...

  9. 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 ...

  10. 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 ...

  11. 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 ...

  12. Spotify U.K. Reports Revenue Growth; Operating Losses Narrow Dramatically To $3.4 Million

    September 27, 2012 3:42 PM EDT Strong growth in subscriptions helped Spotify's U.K. operation generate £95.5 million ($154.9 million) in total revenue in 2011, up from £63.2 million ($102.5 million) the previous year, according to its latest financial statement, as reporte ...

  13. 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 ...

  14. 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 ...

  15. 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 ...

  16. 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 ...

  17. 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 ...

  18. 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 ...

  19. 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 ...

  20. 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 ...

  21. 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 ...

  22. 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 ...

  23. 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 ...

  24. 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 ...

  25. 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 ...

  26. 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 ...

  27. 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 ...

  28. Morning Heds: Spotify Says Bye to Free, Sony Goes iOS, Beatles Songs Sold

    January 12, 2012 6:11 AM EST Spotify no longer free for early US subscribers Music Week Early Spotify adopters in the US will see their no-strings, unlimited streaming experience cease next week when their promotional period comes to an end. Why Rhapsody Is (Probably) Bigger ...

  29. Black Keys Explain Streaming Service Blackout for 'El Camino'

    December 14, 2011 11:47 AM EST Blues-rock duo The Black Keys, who held their newest LP, "El Camino," from streaming services like Spotify and Rhapsody when it dropped with Nonesuch on December 6, shared their reasoning with VH1 after a week of keeping mum on the decis ...

  30. Spotify's New Direction: A Big Step Forward for the App Movement

    November 30, 2011 5:20 PM EST At a press conference in New York today, Spotify announced that it is moving in a "new direction" - one that is said to be a "game-changer" for digital music. CEO Daniel Ek announced that the streaming-music service has now bec ...

  31. Spotify Unveils New API Platform, Announces Partnerships With Billboard, Rolling Stone, Others

    November 30, 2011 1:27 PM EST Spotify Founder and CEO Danel Ek at the New York press conference where he announced the opening up of the music streaming service's API to outside developers. Spotify CEO Daniel Ek announced the launch of a new API (Application Programming I ...

  32. Watch Spotify's 'New Direction' Press Conference Livestream Here

    November 30, 2011 11:55 AM EST Last week, Spotify surpassed 2.5 million subscribers worldwide. That same week, the music service announced that it would be holding a global press conference (hosted by CEO Daniel Ek) in New York on November 30, teasing "special guests" ...

  33. Business Matters: What to Expect from Spotify's 'New Direction' Press Conference Next Week

    November 21, 2011 6:31 PM EST What to Expect from Spotify's 'New Direction' Press Conference -- Spotify sent out an announcement Monday morning for a "global press conference" that will take place on November 30 in New York. The event will be hosted by ...

  34. Spotify, Elektra Execs Make Fortune's '40 Under 40' List

    October 20, 2011 3:17 PM EDT Spotify, Eleketra Execs Make Fortune's "40 Under 40" List Music Executives representing Spotify and Elektra Records make a strong showing on Fortune's new "40 Under 40" list . That's a change from last year' ...

  35. Spotify Usage Explodes After F8, Facebook Integration

    September 30, 2011 4:40 PM EDT Spotify usage exploded in September as the service added Facebook scrobbling (chart courtesy of AppData, link below). What's cooler than three million monthly active users? Five million monthly active users. Spotify, which launched in America ...

  36. Facebook F8 Conference Helped Spotify, Others Music Services; We Got Numbers!

    September 29, 2011 12:36 PM EDT Being a friend of Facebook has its advantages. The company's f8 conference last week appears to have had a positive impact on some of the music companies most involved with its latest redesign. Spotify, whose CEO Daniel Ek appeared in the f8 ...

  37. Spotify Launches 'Private' Mode in Response to Facebook Backlash

    September 29, 2011 11:09 AM EDT For all the praise Spotify's integration with Facebook received from music industry chin-strokers over its benefits to music discovery, it received no shortage of complaints from users concerned with the privacy implications of automatically ...

  38. Killers, Snoop Dogg, Jane's Addiction Rock Sean Parker's f8 Conference/Party

    September 23, 2011 5:05 PM EDT Mark Zuckerberg, Snoop Dogg and Sean Parker in San Francisco Thursday night night (Photo: WireImage/ Kevin Mazur) To celebrate Thursday's f8 announcement of Facebook and Spotify's partnership , Sean Parker hosted an exclusive "A Cel ...

  39. Spotify Now Has 2 Million Global Subscribers, Up 400,000 Since July

    September 21, 2011 4:43 PM EDT Spotify now has 2 million paying subscribers in eight countries (the US and seven markets in Western Europe). The number, revealed during a CNBC interview with CEO Daniel Ek, according to a company spokesperson, implies Spotify has gained about 40 ...

  40. Lady Gaga, Jay-Z, Justin Timberlake Make Vanity Fair's 'New Establishment' List -- Who's Missing?

    September 01, 2011 1:21 PM EDT Lady Gaga, Jay-Z and Justin Timberlake are among the list of influential business people on Vanity Fair's "New Establishment" list . It represents "innovative new breed of buccaneering visionaries, engineering prodigies, and en ...

  41. Business Matters: Spotify Subscriptions Spike As Free Access Is Limited

    August 18, 2011 6:45 PM EDT Spotify's Increased Subscriptions = Limiting Free Access -- Spotify lost 1.6 million weekly active free users but gained 520,000 paying subscribers in the four-month period during which it implemented limits on free users, according to a repo ...

  42. Klout CEO Joe Fernandez Wants To Measure Your Social Media Influence

    July 28, 2011 4:02 PM EDT Klout's splash page: The site quantifies your social media influence and claims to have over 1 million active users. With corporations like Coca Cola, Reebok and Chevrolet offering invitations to Spotify's U.S. release, it was a relative ...

  43. Spotify U.S.: After the Honeymoon, Some Common Complaints

    July 25, 2011 5:53 PM EDT After launching in the U.S. to great fanfare just over a week ago, Spotify's honeymoon with the press may be fading. While the initial reviews of Spotify from both tech and mainstream press outlets were overwhelmingly positive, almost fawning ...

  44. Business Matters: Mobile Listening Outpacing Mobile Ads, Pandora CEO Says

    July 23, 2011 1:55 PM EDT Mobile Listening Outpacing Mobile Ads, Pandora CEO Says -- Pandora CEO Joe Kennedy has suggested one of the analyst's fears about its business is coming true -- the company is not selling enough mobile ads. "The sheer level of aggregate ...

  45. Spotify Gained 70,000 U.S. Subscribers in First Week: Sources

    July 22, 2011 1:02 PM EDT (Bill Werde -- @bwerde ; http://billwerde.tumblr.com/ -- is Billboard's editorial director) In my travels last night and in emails this morning I had three distinct label/publisher execs confirm the same number: that @Spotify has right in the ...

  46. Business Matters: Did You Know 64 Streams Equals One Download?

    July 19, 2011 6:35 PM EDT The Transition From Music Ownership to Access Is Gonna Hurt A Lotta Wallets -- (Editor's note: due to a spreadsheet typo, this article originally stated that 48 streams at 1.146 cents per stream equals the gross revenue rights holders get fro ...

  47. Spotify Will Announce 'Sizable New Features' Soon, Rep Says

    April 14, 2011 3:29 PM EDT While the business is buzzing about what Spotify users are losing in the upcoming changes to their free services , several new features will arrive "in the next few weeks," Spotify Communications Manager Jim Butcher tells Billboard. The ...

  48. Details On Spotify's Changes To Free Service

    April 14, 2011 8:10 AM EDT Spotify announced changes to its free service Thursday morning that will add new restrictions on song plays and reduce hours of free listening. "Above all, this means we can continue making Spotify available to all in the long-term," Spo ...

  49. Business Matters: Investor Enthusiasm for the Cloud Continues as Beyond Oblivion Secures $77 Million Funding

    March 08, 2011 8:39 PM EST Beyond Oblivion Secures $77 Million Funding -- Investments in new digital music companies are surprisingly large and frequent these days. The latest example is Beyond Obilvion . The most anticipated cloud-based music service you've never hear ...

  50. Spotify Tops 1 Million Paid Subscribers

    March 08, 2011 7:29 AM EST It's still not available in the U.S., but Spotify has a reason to celebrate: the music service has surpassed one million paying subscribers in the seven European markets in which it operates. The publicly known number of total users, which th ...

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