Predict your next investment

Corporation
INTERNET | Internet Software & Services / Music
spotify.com

See what CB Insights has to offer

Founded Year

2006

Stage

Corporate Minority - P2P | IPO

Total Raised

$2.273B

Market Cap

41.03B

Stock Price

218.56

Revenue

$0000 

About Spotify

Spotify is a digital music-streaming service that provides on-demand access to 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, blogs, and via email with friends. The company also allows artists to post tracks on social networks, share them with fans, and promote their career. In addition, it provides advertising services.

Spotify Headquarter Location

Regeringsgatan 19

Stockholm, SE-111 53,

Sweden

Latest Spotify News

Spotify Pressured by 270 Scientists, Medical Professionals Over Joe Rogan Episode

Jan 15, 2022

5:19 AM IST, 14 Jan 2022 3:51 AM IST, 14 Jan 2022 5:19 AM IST, 14 Jan 2022 Save (Bloomberg) -- A coalition of 270 scientists and medical professionals this week issued an open letter to Spotify Technology SA, urging the streaming platform to establish a misinformation policy after an episode of the Joe Rogan Experience, among its most listened-to podcasts, promoted what they said were “baseless conspiracy theories” about the pandemic. (Bloomberg) -- A coalition of 270 scientists and medical professionals this week issued an open letter to Spotify Technology SA, urging the streaming platform to establish a misinformation policy after an episode of the Joe Rogan Experience, among its most listened-to podcasts, promoted what they said were “baseless conspiracy theories” about the pandemic. The Dec. 31 program featured Robert Malone, a doctor who has called himself the “inventor” of mRNA vaccines, the type that serves as the basis for the Covid-19 vaccine. Malone was banned from Twitter for circulating anti-vaccine misinformation. YouTube deleted a recording of the Rogan podcast shortly after it was uploaded to the website by a third-party. “By allowing the propagation of false and societally harmful assertions, Spotify is enabling its hosted media to damage public trust in scientific research and sow doubt in the credibility of data-driven guidance offered by medical professionals,”  the letter says . The signers asked Spotify “to immediately establish a clear and public policy to moderate misinformation on its platform.” Representatives for Spotify and Rogan didn’t immediately return a request for comment. Since the start of the pandemic, Spotify has removed 20,000 podcast episodes that contained Covid misinformation. The company has deleted  more than  40 episodes of Rogan's podcast to date. It  prohibits infringing and illegal content, as well as hate speech, on its platforms. But that hasn’t barred some creators from spreading false information. Critics say Spotify doesn’t have robust policies to combat misinformation, like Alphabet Inc.’s Youtube, Meta Platforms Inc.’s Facebook and other social media companies have adopted in recent years. The calculus for Spotify is complicated. The company has made a multibillion dollar investment in podcasting, which is only starting to pay off. Advertising generated 13% of total sales in the third quarter, and Chief Executive Officer Daniel Ek projected it would one day account for more than 20%. To achieve those goals, exclusive shows like Joe Rogan’s are key — his podcast was no. 1 on Spotify  globally and in the U.S. in 2021.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Spotify

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Spotify is included in 2 Expert Collections, including In-Store Retail Tech.

I

In-Store Retail Tech

53 items

Startups aiming work with retailers to improve brick-and-mortar retail operations.

C

Conference Exhibitors

6,062 items

Companies that will be exhibiting at CES 2018

Spotify Patents

Spotify has filed 531 patents.

The 3 most popular patent topics include:

  • Video on demand services
  • Video hosting
  • Audio engineering
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/6/2020

1/4/2022

Audio codecs, Network protocols, Wireless networking, Broadcast engineering, Container formats

Grant

Application Date

8/6/2020

Grant Date

1/4/2022

Title

Related Topics

Audio codecs, Network protocols, Wireless networking, Broadcast engineering, Container formats

Status

Grant

Spotify Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Spotify Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.