Daniel Ek photograph

Daniel Ek

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Gender Male
Age 41
Date of birth February 21,1983
Zodiac sign Pisces
Born Stockholm
Sweden
Net worth2. 2 billion USD (2019)
Forbes
Spouse Sofia Levander
FoundedSpotify
Spotify AB
Spotify USA
SPOTIFY TECHNOLOGY S.A.
Spotify Technology
SpAFOTY Technology
Job Entrepreneur
Technologist
NationalitySwedish
Awards International Swede of the Year
Education KTH Royal Institute of Technology
NTI Gymnasiet Sundbyberg (f.d. IT-Gymnasiet)
Children 2
Date of Reg.
Date of Upd.
ID520770
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Daniel Ek Life story


Daniel Ek is a Swedish billionaire entrepreneur and technologist. He is the co-founder and CEO of music streaming service Spotify.

Spotify to axe 1,500 workers to save costs

Spotify to axe 1,500 workers to save costs
Dec 4,2023 3:31 am

... Chief executive Daniel Ek said he had made the " difficult" decision with economic growth slowing " dramatically"...

Spotify will not ban AI-made music, says boss

Spotify will not ban AI-made music, says boss
Sep 25,2023 8:51 pm

... Daniel Ek told the BBC there were valid uses of the tech in making music - but AI should not be used to impersonate human artists without their consent...

Spotify denies 30-second trick could make you rich

Spotify denies 30-second trick could make you rich
Sep 11,2023 5:31 pm

... But Daniel Ek, the streaming giant s CEO, says that not how the platform s royalties work...

Spotify raises premium subscription price for millions

Spotify raises premium subscription price for millions
Jul 24,2023 5:50 pm

... In an April earnings call, Swedish CEO Daniel Ek said the company would " like to raise prices in 2023"...

Why Spotify's big bet on Meghan Markle fell flat

Why Spotify's big bet on Meghan Markle fell flat
Jun 17,2023 12:40 am

... On a conference call with financial analysts earlier this year, Spotify chief executive Daniel Ek conceded the firm had made some mistakes during the more than $1bn spending spree that followed its 2019 push to establish itself as a key player in the industry...

Spotify cuts jobs in latest round of tech layoffs

Spotify cuts jobs in latest round of tech layoffs
Jan 23,2023 4:21 pm

... " In hindsight, I was too ambitious in investing ahead of our revenue growth, " boss Daniel Ek wrote on the...

Covid: PM pledges tough targets to tackle NHS backlog and Ottawa truckers defiant

Covid: PM pledges tough targets to tackle NHS backlog and Ottawa truckers defiant
Feb 7,2022 8:55 pm

... Joe Rogan podcast is staying on Spotify - bossUS podcast host Joe Rogan - who has been at the centre of controversy over claims he helped spread Covid misinformation and his past use of racist language - In a letter to staff, Daniel Ek said that although he " strongly" condemned racial slurs and other comments by Rogan, he did not believe silencing him was the answer...

Joe Rogan: Podcast is staying on Spotify says boss

Joe Rogan: Podcast is staying on Spotify says boss
Feb 7,2022 3:13 pm

...Spotify boss Daniel Ek has said that although he " strongly" condemns racial slurs and other comments made by US podcast host Joe Rogan, he is not removing him from the platform...

Spotify raises premium subscription price for millions

Feb 3,2022 2:20 pm

By Chloe KimBBC News

Spotify is raising prices for its 200 million ad-free subscribers for the First Time in over a decade, The Platform has announced.

In the US, the cost will increase from $9. 99 to $10. 99 (£8. 57) for those with an individual plan.

Similar price hikes also apply to the UK, Canada, Australia and 49 other territories.

The Move follows other streaming services which have also increased subscription costs.

" So that we can keep innovating, We Are changing our Premium prices across A Number of markets around The World , " The Music streaming service said on Monday.

" These updates will help us continue to deliver value to fans and artists on our platform. "

In the US, the Premium Duo plan will increase from $12. 99 to $14. 99, the Family Plan will increase from $15. 99 to $16. 99, and The Student plan will increase from $4. 99 to $5. 99.

Premium subscribers in the UK will pay an extra £1 per month, according to The Verge .

Spotify said users " will be given a one-month grace period before the new price becomes effective, unless they cancel before The Grace period ends".

The Company raised prices of US family plans and UK Student, Duo, and Family plans in 2021. Individual subscriptions were previously unaffected.

Apple Music , Peacock, Netflix, Max, and Paramount+ have also recently raised subscription prices.

The new Spotify Premium cost matches the monthly plans of competitors Apple Music and Amazon Music .

In an April earnings call, Swedish CEO Daniel Ek said The Company would " like to raise prices in 2023".

" When the timing is right, we will raise it and that price increase will go down well because we're delivering a lot of value for our customers, " Mr Ek said.

The Music giant cut 6% of staff in January, citing a need to improve efficiency.

The Company will continue to offer a free plan that includes advertising.

Spotify has 515 million active users in over 180 markets and about 40% of those users are subscribers.

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Source of news: bbc.com

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