Spotify Technology S.A. (SPOT.VI)

292.30 +0.10 (+0.03%) At close: 05:32PM CEST

Spotify Technology S.A.

5, Place de la Gare
Luxembourg City 1616
Luxembourg

https://www.spotify.com

Sector(s): Communication Services
Industry: Internet Content & Information
Full-time employees: 7,721

Description

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg City, Luxembourg.

Corporate governance

Spotify Technology S.A.’s ISS governance QualityScore as of 1 June 2024 is 8. The pillar scores are Audit: 3; Board: 9; Shareholder rights: 10; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.