Daniel Ek Steps Down as Spotify Hits Record 751 Million Users

#Stockholm, #Sweden
Spotify reported record results for 2025 with 751 million monthly active users as Daniel Ek transitioned from chief executive to executive chairman.New Co-CEOs Alex Norström and Gustav Söderström saw revenue grow to €4.5 billion and operating income hit €701 million, sparking a 16% stock surge in the USA.The firm paid more than $11 billion to music creators while expanding its FC Barcelona partnership and increasing its cash reserves.
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#Ireland#Spain#USA#DanielEk#Spotify#AlexNorström#GustavSöderström#FCBarcelona#EdSheeran
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