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Spotify Technology S.A. (SPOT)

NYSE Communication Services Internet Content & Information
$459.34 ▼ -1.87%
Market Cap
$94.45B
Sector
Communication Services
Industry
Internet Content & Information
Beta
1.55
52-Wk Range
405-785
CEO
Alex Norström
Country
SE
Currency
USD

Spotify Technology S.A., through its various entities, functions as a global provider of audio streaming services. Its operational model is split into two distinct segments: Premium and Ad-Supported. The Premium segment caters to subscribers by granting them uninterrupted, ad-free access to its extensive catalog of music and podcasts, available for both online and offline consumption. Conversely, the Ad-Supported segment delivers online, on-demand music streaming and unlimited podcast access to users, facilitated by advertisements and available across computers, tablets, and various mobile dev…

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