Turnover: 3.4 billion EUR (2023)
Country: Sweden
- Spotify is a Swedish music streaming service in the form of proprietary software and a website created in 2006.
- April 2018: Initial public offering.
- July 2021: The New York-listed company had, 365 million active users and 165 million subscribers.
- The end of free podcasts: Spotify has been testing payment for certain podcasts - those broadcast by the platform and not produced - since summer 2021 in the USA, and this should arrive in France by the end of 2021, early 2022.
- This would cost 1 to 5 euros per month, although the advertising system for free listening will still be offered.
News
Spotify to French rightsholders up 13% in 2023 01/05/2024
- In 2023, Spotify paid out more than **253 million euros** to French rights holders.
- - 13% growth on the previous year (approximately 225 million in 2022).
- - The French recorded music market grew by just 6%, according to SNEP.
- - Independent artists, labels and distributors receive over 65% of Spotify's total revenue.
- - Worldwide, independents accounted for half of Spotify's €9 billion payout to the industry in 2023.
- - Tracks by French artists made up 71% of the daily Top 50 in France on Spotify in 2023.
- - French artists were discovered around 4.8 billion times on Spotify internationally in 2023.
- - More than half of the revenue generated by French artists in 2023 came from international sources.
- - Aya Nakamura is cited as the most exported French artist on Spotify.
Spotify: French music has taken over Spotify | French music: 15 years of dominance on Spotify 10/10/2023
- In 2008, the most listened-to artists on Spotify in France were Coldplay, The Killers and Kanye West.
- The first French artist, Serge Gainsbourg, was in 10th position.
- In 2023, the first non-French-speaking artist, The Weeknd, moved up to 11th position.
- French rap has dominated the chart since 2016, with Jul from Marseilles
- In 2008, no French songs appeared in the Top 100 in France, but by 2022, 52 French songs are represented. of the 10 most listened-to artists in France are French in 2022.
- Explosion in the presence of French artists on the Spotify platform, with an increase of 2215% compared to 2008.
- In 2008, French-language music generated 48% of best-selling singles in stores.
- French hip-hop began to dominate listening in 2017.
- Spotify currently has 220 million subscribers and 550 million users.
- 1 in 3 French tracks is listened to abroad.
- The United States, Germany and the United Kingdom are the three main markets for French music on Spotify.
- In 2022, Spotify paid 225 million euros to French music rights holders.
- Nearly 130 people work for Spotify in France.
Spotify: the secrets of the quest for growth 20/06/2023
- Spotify is present in 183 markets.
- The company employs around 9,200 people.
- In 2023, Spotify had 515 million regular monthly users (+22% year-on-year) and 210 million subscribers.
- Almost 3% of the world's population subscribes to Spotify.
- The company aims to reach 1 billion users by 2030.
- In 2022, Spotify recorded losses of 430 million euros.
- In 2023, the company cut 200 positions in podcasts and 600 positions across the business.
Spotify invests in Joe Rogan 18/02/2022
- Value of agreement between Spotify and The Joe Rogan Experience: over $200 million (176 million euros)
- Date of exclusive agreement for three and a half years of broadcasting: May 2020
- Impact on Spotify share price following announcement of agreement: 17% jump
- Number of listeners for the most popular episodes of The Joe Rogan Experience: tens of millions
- Ranking of Joe Rogan podcast on Spotify: number one podcast not only in the U.S., but also in 92 other markets worldwide
Financial Data
DUNS: 511930729
Legal Name: SPOTIFY FRANCE SAS
Address: 48 RUE LA BRUYERE 75009 PARIS (Spotify France)
Number of employees: Entre 20 et 49 salariés (2019)
Capital: 98 390
Financial Data:
Year | Turnover (€) | Net Profit (€) | Fiscal Year End | Fiscal Year Duration |
---|---|---|---|---|
2020 | 25 487 178 EUR | 795 312 EUR | 31/12/2020 | 12 |
2019 | 22 967 612 EUR | -3 016 234 EUR | 31/12/2019 | 12 |
2018 | 18 894 159 EUR | 619 477 EUR | 31/12/2018 | 12 |
Company Managers:
Position | First Name | Last Name | Age | |
---|---|---|---|---|
Directeur général | Peter | Grandelius | 45 | |
Directeur général | Paul | Vogel | 51 | |
Directeur général | Antoine | MONIN | 52 |
Studies mentioning this company
Other companies mentioned:
- Youtube
- Universal Music
- Sony Music Entertainment France
- Warner Music Group
- Spotify
- Deezer
- Believe
- SoundCloud
- Apple Music
- Napster
- Qobuz
- TIDAL
- Sacem
- Pandora
- TuneIn
- Gaana
- Jango
- 8tracks
- Viaplay
- Disney
- Groover
Other companies mentioned:
- Meta (anciennement Facebook)
- Solocal
- Adverline
- Tradelab Jellyfish (Fimalac Groupe)
- Criteo
- Local Media (Admoove)
- Spotify
- Deezer
- Youtube
- Carrefour Groupe
- Kwanko
- Rakuten
- Microsoft
Other companies mentioned:
- Radio France
- Arte Radio
- Binge Audio
- Louie Media
- Majelan
- Anchor Spotify
- Cosa Vostra
- Castbox
- Earwolf
- Audioboom
- Tuneln
- Podbean
- Bababam
- Nouvelles Ecoutes
- Deezer
- Apple
- Spotify
- NRJ Group
- Rire et Chansons (NRJ group)