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 Linkedin
Directeur général Peter Grandelius 45
Directeur général Paul Vogel 51
Directeur général Antoine MONIN 52

Studies mentioning this company

The music streaming market - France

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
The Online Advertising - France

Other companies mentioned:

  • Meta (anciennement Facebook)
  • Solocal
  • Pinterest
  • Adverline
  • Tradelab Jellyfish (Fimalac Groupe)
  • Criteo
  • Local Media (Admoove)
  • LinkedIn
  • Twitter
  • Spotify
  • Deezer
  • Youtube
  • Google
  • Carrefour Groupe
  • Kwanko
  • Rakuten
  • Microsoft
The podcast market - France

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
  • Google
  • Spotify
  • NRJ Group
  • Rire et Chansons (NRJ group)