Daniel Ek announces his resignation as Spotify's CEO, transitioning to executive chairman as Gustav Söderström and Alex Norström take over as co-CEOs. This shift comes amidst growing artist protests over Spotify's treatment of musicians.
Spotify announces a major leadership transition with Daniel Ek stepping down as CEO to become Executive Chairman, while Gustav Söderström and Alex Norström take over as co-CEOs effective January 1, 2026. Discover what this means for the future of the music streaming giant!
Spotify reported a rise in premium subscribers to 276 million and MAUs to 696 million, but faced a surprising quarterly loss. CEO Daniel Ek emphasizes long-term growth despite recent challenges.