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SMMCG8[TP0]_Spotify, G8 (Jasmine 蔡亞諠, Jenny 柯瑋婷, Iris 鄭淇云, Sally 陳臻慧, Ben…
SMMCG8[TP0]_Spotify
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Business Model Canva
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Key Partners
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Collaborators
Facebook, Tesla, Starbucks, Google Cloud, etc
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Cost Structure
Music Royalty Fees
Licensing fees, Copy rights and other right holders
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Timeline
2006
FOUNDATION
Daniel Ek and Martin Lorentzon develop and found Spotify in Stockholm, Sweden.
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2011
INTERNATIONAL EXPANSION
potify launches in the United States and secures US$ 100 million in funding and is valued at US$ 1 billion.
Opens up its code to iOS developers
Spotify officially becomes a music platform, and launches its first round of apps that run within the desktop version
2017
INTERNATIONAL EXPANSION
Spotify discounted Premium subscription for active students is expanded to 33 more countries. Spotify announces 140 million active users.
2014
PRODUCT
Spotify introduces new, discounted Premium subscription tier for active students in the United States.
2018
LEGAL
California-based publishing company Wixen Music Publishing sues Spotify for using thousands of songs allegedly without license and compensation.
2020
COVID-19
Spotify announcing a new initiative to support members of the music community with the Spotify COVID-19 Music Relief project.19
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About Spotify
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Value
- Innovation
- Passion
- Collaboration
- Transparency
- Fairness
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2019
6,764
25.46%
(1.08)%
(1.94)%
(2.75)%
-1.15
2018
5,259
25.73%
(0.81)%
(3.29)%
(1.48)%
-0.6
Revenue(in € millions)
Gross profit margin
Operating lose margin
Pre-tax lose margin
Net loss margin
EPS
2017
4,090
20.76%
(9.24)%
(30.15)%
(30.20)%
N/A
2016
2,952
13.58%
(11.82)%
(18.12)%
(18.26)%
N/A
2015
1,940
11.65%
(12.11)%
(11.60)%
(11.86)%
N/A
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