Spotify paid $343m for podcasting companies Gimlet Media and Anchor

SEC filing reveals that Spotify spent €300m on the pair of companies
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Spotify For Artists Will Charge For Some Services, says CEO Daniel Ek

Spotify will charge for some Spotify For Artists products and services, CEO Daniel Ek stated during last week’s earnings call. While "unlikely" that the it will charge for data, this mark’s the first time that the streamer has said it will monetize any of the services that it has touted…

Spotify just turned the first net profit in its history (but it’s not particularly happy about it)

Company wanted to hire more R&D people… but couldn’t get the staff
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Music’s $20M A Month Man: Spotify’s Daniel Ek Shows Tim Westergren How It’s Done

The industry gave a collective gasp of horror when founder Tim Westergren was pulling down $1,000,000 by selling of Pandora stock while simultaneously fighting artists with royalty loopholes. Chris Castle writes that Spotify’s Daniel Ek is leaving Westergren in the financial dust with a monthly windfall of $20 million. __________________________…

Spotify opens the floodgates: artists can now upload tracks direct to the streaming platform for FREE

Daniel Ek’s company takes on SoundCloud, TuneCore, CD Baby and others with major move
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Spotify: 7 things you need to know about the company’s financial health and its Q2 results

Free users, premium users, churn, Tencent, Daniel Ek, direct licensing – it’s all here…
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Spotify must tread carefully if it wants to strike direct deals with artists

The power of the major labels is not to be taken lightly for Daniel Ek
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Simon Fuller: ‘The identity of artists is being lost on streaming platforms’

Artist manager and entrepreneur speaks out about his concerns for the future of the music business
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The odds of an artist becoming a ‘top tier’ earner on Spotify today? Less than 1%.

How the service is current divided between the ‘haves’ and the ‘have-nots’
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Daniel Ek could net up to $2bn from Spotify share sales when company goes public (if he wants to)

Co-founder Martin Lorentzon could sell up to $2.8bn-worth of shares
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