Spotify, a publicly owned company headquartered in Sweden, founded in 2006, employs approximately 16,200 individuals, and reported $18.7B in revenue as of 2025. The company provides audio streaming and media services, offering digital copyright restricted recorded music and podcasts, including content from record labels and media companies.

Revenue

Founded

2006

Headcount

7,000

Headquarters

Sweden

Primary Segment

Media and TV services

Ownership

Publicly Owned

News Summary:

Spotify is currently testing an update to its Discover Weekly feature, which introduces added phrasing to genre/mood filters, replacing the existing single-word filters, according to a July 10 report. Also on July 10, the company expanded the number of items users can pin in their libraries to 20, a significant increase from the previous limit of four, with this update rolling out globally for all users. Earlier that day, legal documents revealed that Spotify, alongside Apple, Amazon, Pandora, and Google, coordinated to remove Irving Azoff’s Global Music Rights (GMR) from mechanical rate-setting proceedings in the U.S. On July 9, Spotify demanded that prediction market operators Kalshi and Polymarket remove its logo from their platforms and clarify that no commercial partnership exists, following manipulated streams on the Kalshi Spotify streaming market. This demand followed news from July 9 that Spotify’s reclassification of premium music tiers as audiobook bundles triggered a nearly $500 million shortfall in mechanical royalties for U.S. songwriters and publishers.

Similar Companies

Subscribe for full access to Spotify's profile
Spotify offers 2 products in the media and telecoms services and ad tech and services industries. Spotify's product portfolio comprises of media and TV services and ad measurement and verification.
Subscribe for full access to Spotify's products in full detail
Spotify's revenues were $18.7B in 2025. Caretta Research has split Spotify's revenue into 2 different product categories, the largest of which is music streaming, which represents 100% of Spotify's revenue.
Subscribe for full access to Spotify's revenue in full detail
Examples of Spotify's suppliers include The Trade Desk, InMobi and Google.

Example Suppliers

Subscribe for full access to Spotify's profile

Example Partners

Subscribe for full access to Spotify's profile