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Stock impact report

Spotify: Moving Higher [Seeking Alpha]

Spotify Technology S.A. Ordinary Shares (SPOT) 
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Summary (Source: Spotify) Headquartered in Stockholm, Sweden, Spotify (NYSE: SPOT ) is a powerhouse and a game changer in the way people access and listen to music. Spotify has over 75 million subscribers (the company says it's going to 100 million by the end of the year) and 170 million active monthly users who are able to stream over 35 million tracks on demand. It is moving the music industry from a transaction-based to an access-based model allowing users to stream on demand . In just my lifetime, we have gone from 8-track tapes to records, to cassettes, to CDs, to iPods. Remember Napster? Then, companies like Pandora (NYSE: P ) came onto the scene. Now, most of the music I listen to is streamed from one source or another. I say most as my daughter has recently been listening to records - the old records. Maybe it’s a throwback to old technology and a fad. I do miss the old album covers with pictures of the bands and their song lyrics. However, streaming Show less Read more
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