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 to axe 1,500 workers to save costs

Feb 3,2022 2:20 pm

By Nick EdserBusiness reporter

Swedish music-streaming giant Spotify has announced it is cutting 17% of its workforce, about 1,500 jobs, as The Company seeks to clampdown on costs.

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

Spotify employs about 9,000 people, and Mr Ek said " substantial action to rightsize our costs" was needed for The Company to meet its objectives.

He added he understood the cuts would be " incredibly painful for our team".

" I recognize this will impact A Number of individuals who have made valuable contributions" " To be blunt, many smart, talented and hard-working people will be departing us. "

But the plans announced on Monday dwarf those previous plans.

In its latest results, Spotify had reported a profit of €65m (£55. 7m) for the three months to September - its first quarterly profit for More Than a Year - helped by price rises and higher subscriber numbers.

Mr Ek said that given the recent " positive" results, The Job cuts being announced " will feel surprisingly large" for many people.

He Said Spotify had considered making smaller reductions during 2024 and 2025, But decided that more drastic action was needed to improve The Company 's finances.

Since it launched, Spotify has spent a lot of money on growing The Business , and in securing exclusive content such as podcasts created by the likes of Michelle and Barack Obama as well as The Duke and Duchess of Sussex.

The Deal with Harry and Meghan cost a reported $25m (£19. 7m) and saw just 12 episodes delivered over two and a half years before The Deal ended in June.

Commenting on podcast content, Mr Ek told The Bbc in September : " The Truth of The Matter is some of it has worked, some of it hasn't. "

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Source of news: bbc.com

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