Daniel Ek, the billionaire founder of the $150 billion music streamer, is exiting Spotify’s top role as he is increasingly backing moonshot tech companies out to solve the world’s toughest problems.Read more: https://t.co/qTd2XtrhDC https://t.co/FbDsZpLI9z ...

Daniel Ek, the billionaire founder of the $150 billion music streamer, is exiting Spotify’s top role as he is increasingly backing moonshot tech companies out to solve the world’s toughest problems.Read more: https://t.co/qTd2XtrhDC https://t.co/KNrlKtdrIk ...

NASHVILLE, Tenn., Oct. 01, 2025 (GLOBE NEWSWIRE) -- September is Childhood Cancer Awareness Month, a time to honor the brave children and families nationwide who are battling pediatric cancer, and support the critical funding of research and treatments for these diseases. For a second year, the nonprofit organizations Hyundai Hope on Wheels and Musicians On Call (MOC) partnered to bring joy to pediatric oncology patients throughout the month through the healing power of music. At the famous Sound Factory in ...

Core Insights - The founding of Spotify in 2006 by Daniel Ek was seen as a "moon shot" due to the challenges in the global music industry, including declining sales and rampant online music piracy [1] Industry Overview - The global music industry was facing significant difficulties at the time of Spotify's inception, characterized by years of declining sales [1] - Online music piracy was a prevalent issue, impacting the viability of music products and services [1]

Core Points - Spotify's CEO Daniel Ek will transition to the role of Executive Chairman at the beginning of 2026 [4] - Co-Presidents Alex Norstrom and Gustav Söderström will become co-CEOs, reporting to Daniel Ek [4] - Both co-Presidents have been nominated to join Spotify's Board, pending shareholder approval [4]

Core Points - Spotify's CEO Daniel Ek will transition to the role of Executive Chairman at the beginning of 2026 [4] - Co-Presidents Alex Norstrom and Gustav Söderström will become co-CEOs, reporting to Daniel Ek [4] - Both co-Presidents have been nominated to join Spotify's Board, pending shareholder approval [4] Company Leadership Changes - Daniel Ek will step down as CEO and take on the role of Executive Chairman [4] - Alex Norstrom and Gustav Söderström will assume the roles of co-CEOs [4] - The leadership transition is set to take place at the start of 2026 [4] Board Composition - The new co-CEOs are nominated to join the Board of Directors [4] - Shareholder approval is required for the new Board nominations [4]

机构：申万宏源研究 研究员：林起贤/袁伟嘉 增长驱动：以年轻用户为抓手，兼具高确定性与大空间。网易云音乐年轻用户占比高，决定了其版权策 略的分众化；未来增长主要由在线音乐驱动，短中期看会员增长，长期看提价。1）付费墙运营是过去 几年在线音乐平台会员数增长的核心驱动因素，网易云音乐当前付费墙比例仅为腾讯音乐一半。我们测 算云音乐付费墙每提升1%，对会员拉动约88 万；假设中期提升至60%，则会员数有望超过8800 万。 2）国内腾讯音乐、海外Spotify 验证了音乐流媒体行业提价能力；网易云音乐当前重心在会员增长，长 期看随着年轻用户支付能力增强，仍具备较大提价空间。 盈利展望：1）我们预计MAU 稳中有升；会员数保持15%左右的增长中枢，中长期预计达到1 亿（对应 40%付费率）；ARPPU 受学生会员渗透率提升短期略降，中长期具备提价能力，预计达到10 元/月。我 们预计在线音乐中长期收入超过140 亿。2）经营杠杆、自制占比提升等驱动下毛利率稳步提升，预计 中长期毛利率近47%。整体看，中长期净利润有望达到50-60 亿。 维持盈利预测，维持买入评级。我们预计25-27 年营收为79/88/98 亿；调 ...

The stock tells a story. It's down more than 5% on the news, but we get the context. After two decades, Daniel EK is passing on the torch and a founder.So that's obviously always going to be big news. And investors always have strong feelings about that. But the way they're portraying this is that kind of status quo. They're saying Alex and Gustaf have been doing this work essentially since they took over as co-presidents, and that Daniel is kind of the visionary and he's still going to be very hands on.Tha ...

Core Insights - Daniel EK is stepping down after two decades, passing leadership to Alex and Gustaf, which has caused a stock decline of over 5% [1] - The transition is framed as a continuation of the status quo, with EK remaining involved as a visionary [1][8] Company Strategy - Spotify is exploring new avenues in audiobooks and music development, raising questions about royalty payments to musicians [2] - The company sees significant opportunities in expanding into new markets that have not fully adopted streaming services [3] Market Position - Spotify remains the largest music streaming service, but its stock has fluctuated due to heavy investments in podcasting, which initially concerned investors [5] - The stock price has seen a notable increase from $75-$80 at the end of 2022 to $689, indicating positive market sentiment [4] Financial Performance - Spotify transitioned to a loss recently after a profitable year, but there is renewed investor confidence in its ability to manage spending and profitability [6] - The outgoing leadership emphasizes leaving the company in profitable hands and maintaining involvement in day-to-day operations [6][8] Leadership Transition - Daniel EK will continue to be involved with Spotify while also focusing on new ventures and investments outside the company [7] - The new leadership team is expected to navigate challenges in the evolving music landscape and competition with platforms like YouTube [4][3]

Daniel Ek, the billionaire founder of the $150 billion music streamer, is exiting Spotify’s top role as he is increasingly backing moonshot tech companies out to solve the world’s toughest problems. (Photo: Phillip Faraone via Getty Images for Spotify) https://t.co/qTd2XtrPta https://t.co/Tk227N2ZJf ...