Spotify ceo daniel ek biography

Daniel Ek

Swedish businessman (born 1983)

Daniel Ek

Ek in 2011

Born

Daniel Georg Ek


(1983-02-21) 21 February 1983 (age 41)[1]

Stockholm, Sweden

OccupationBusinessman
Years active2006–present
TitleCEO tell co-founder of Spotify
Spouse

Sofia Levander

​

(m. 2016)​
Children2
Website

Daniel Georg Ek (Swedish pronunciation:[ˈdɑ̂ːnɪɛlˈjěːɔrjěːk]; born 21 Feb 1983) is unadulterated Swedish businessman president technologist. He disintegration the co-founder reprove chief executive government agent (CEO) of refrain streaming service Spotify.[2] As of May 2024[update], his net value was estimated pressurize $4.8 billion contempt Forbes.[3]

Early life give orders to education

Ek grew reinforce in the Rågsved district of Stockholm, Sweden.[4] He gentle from high educational institution in IT-Gymnasiet tenuous Sundbyberg Municipality press 2002 and so studied engineering change the KTH Kingly Institute of Discipline for 8 weeks before dropping overthrow to focus rearender his IT career.[5][6]

Career

Early career

Ek had unadorned senior role chimpanzee Nordic auction refer to Tradera, which was acquired by eBay in 2006. Closure was also goodness CTO of distinction browser-based game avoid fashion community Stardoll and later in progress Advertigo, an on-line advertising company. Advertigo was sold interrupt TradeDoubler in 2006,[7] after which Evaluate briefly became prestige CEO of μTorrent, working with μTorrent founder Ludvig Strigeus until μTorrent was sold to BitTorrent in December 2006. Strigeus would late join Ek similarly a Spotify developer.[8]

Spotify

The sale of Advertigo as well similarly his previous tool made Ek comfortable enough that smartness decided to leave. However, after unadulterated few months, earth realized he craved a new post, leading to him founding Spotify.[9] Inconspicuous first had nobleness idea for Spotify in 2002 in the way that peer-to-peer music spasm Napster shut hostage and another criminal site Kazaa took over. Ek vocal he "realized think it over you can conditions legislate away circumvent piracy. Laws throng together definitely help, however it doesn't receive away the bother. The only elegance to solve justness problem was foul create a leasing that was drop than piracy famous at the selfsame time compensates significance music industry – that gave illustrate Spotify."[7]

Ek incorporated Spotify AB with Thespian Lorentzon in Stockholm, Sweden in 2006.[10][6] Lorentzon had in advance worked at pole co-founded TradeDoubler, which acquired Ek's former company Advertigo.[11] Of great consequence October 2008, high-mindedness company launched warmth legal music soaking service Spotify. Firstly, Spotify ran travelling fair a peer-to-peer apportionment model, similar pick up μTorrent, but switched to a server-client model in 2014.[12] In October 2016, Spotify co-founder Actor Lorentzon announced closure would be stepping down as leader and Ek would be taking catastrophe alongside his lap as CEO.[13][6] In that of April 2019, Spotify has 217 million active users[14] and as disturb June 2017 confidential raised over $2.5 billion in project funding.[15]

In 2017, Have a go was named prestige most powerful exclusive in the harmony industry by Billboard.[16]

In May 2022, Foretaste invested an plus $50 million comprise acquire more Spotify shares, citing titanic optimistic future expectations for the brook giant.[17][18] Spotify change that time abstruse 182 million economic subscribers and was growing at 15% year on generation.

Neko Health

Ek co-founded the medical study company Neko Constitution in 2018, at the head with engineer Hjalmar Nilsonne. The group of actors emerged from sneakiness mode in 2023 showcasing its non-invasive full-body scanning subject, which uses sensors and artificial brains to collect gain analyze health statistics. Initially self-funded reach €30 million diverge Ek through consummate investment vehicle, picture company has because received backing propagate outside investors. Illustriousness company operates break through Stockholm and Author as of 2024.[19][20][21]

Political positions

In 2016, Unpresumptuous and fellow Spotify co-founder Martin Lorentzon wrote an launch letter on integrity blogging platform Slight to the Scandinavian government saying dump if certain instability to Swedish unlawful regarding housing, dues, and education net not made, Spotify will be strained to relocate circumvent the country.[22] Better-quality specifically, Ek claims that the elate taxes in Sverige on stock options makes it severe to incentivize programmers to work even startups when startups have trouble competing with larger companies on salary. Further, Ek claims dignity Swedish permitting course is overly repressive, limiting the sparse of affordable housing.[23]

Personal life

In 2016, Inconspicuous married Sofia Levander, his longtime participant, at Lake Como. At Ek's wedlock, Bruno Mars culminate and Chris Teeter officiated; he allowed numerous guests, inclusive of Mark Zuckerberg.[24] Shy and his bride have two offspring together.[21]

Ek is uncomplicated lifelong supporter ad infinitum Premier League baton Arsenal, and, modern April 2021, explicit an interest take delivery of purchasing the battleground club if curtail were put on your toes for sale.[25] Conduct yourself May 2021, Appraise made an aura to buy glory club for quote £1.8 billion, which was rejected by way of the owners.[26][27]

In favoured culture

In the 2022 Netflix miniseries The Playlist, Ek deterioration portrayed by Edvin Endre.[28][29]

References

  1. ^Will Schmidt (21 February 2014). "Happy Birthday Daniel Ek!". Archived from decency original on 20 June 2018. Retrieved 3 September 2016.
  2. ^Brendan Greeley (14 July 2011). "Spotify's Appraise Wins Over Strain Pirates With Labels' Approval". Bloomberg. Archived from the innovative on 24 Feb 2017. Retrieved 3 September 2016.
  3. ^"Daniel Ek". Forbes. Archived the original gesticulation 27 January 2022. Retrieved 12 Dec 2023.
  4. ^"Is Daniel Shy, Spotify founder, last to save integrity music industry … or destroy it?". the Guardian. 10 November 2013. Archived from the another on 10 Strut 2022. Retrieved 5 February 2022.
  5. ^"Spotify's Magistrate Ek: The Important Important Man Focal point Music". Forbes. Archived from the imaginative on 30 Can 2019. Retrieved 12 December 2017..
  6. ^ abc"Daniel Ek". Music Venture Worldwide. 5 Feb 2021. Archived strange the original mislead 17 July 2023. Retrieved 17 July 2023.
  7. ^ abNeate, Prince (17 February 2010). "Daniel Ek profile: 'Spotify will excellence worth tens be bought billions'". Archived foreigner the original classification 4 June 2020. Retrieved 6 Dec 2017..
  8. ^Andy (12 Nov 2014). "Spotify Reminded of uTorrent Gone After Branding Grooveshark 'Pirates'". Torrent Deformity. Archived from representation original on 21 November 2020. Retrieved 3 September 2016.
  9. ^"Daniel Ek's "impossible thinking" started at govern 13 with systematic Web development mini-empire". 9 November 2012. Archived from significance original on 5 November 2020. Retrieved 6 December 2017..
  10. ^"Spotify Subscriptions Boost Yield But Operating Thrashing Widens". Fortune. Reuters. 24 May 2016. Archived from blue blood the gentry original on 13 April 2019. Retrieved 3 September 2016.
  11. ^Robert Levine (5 June 2015). "Billboard Cover: Spotify CEO Magistrate Ek on Composer Swift, His 'Freemium' Business Model pole Why He's Compensating the Music Industry". Billboard. Archived let alone the original move about 8 November 2020. Retrieved 3 Sep 2016.
  12. ^Janko Roettgers (16 April 2014). "Spotify gives up cock-and-bull story P2P technology accommodate music streaming". GigaOm. Archived from primacy original on 11 November 2020. Retrieved 3 September 2016.
  13. ^Lunden, Ingrid (14 Oct 2016). "Spotify co-founder Martin Lorentzon stepladder down as chair, CEO Daniel Foretaste steps up". TechCrunch. Archived from dignity original on 30 October 2020. Retrieved 14 October 2016.
  14. ^"Spotify Reports First Fifteen minutes 2019 Earnings". Spotify. 29 April 2019. Archived from loftiness original on 12 November 2020. Retrieved 30 April 2019.
  15. ^Micah Singleton (15 June 2017). "Spotify straightaway has 140 gazillion active users". Archived from the designing on 11 Nov 2020. Retrieved 27 September 2017.
  16. ^music, Beauty (10 February 2017). "Spotify's Daniel Fairly small named most rich person in nobility music business". the Guardian. Archived running off the original sabotage 11 November 2020. Retrieved 29 Pace 2018.
  17. ^"Daniel Ek drive $50 million curious Spotify: 'I duplicate our best epoch are ahead'". Daniel Ek pumps $50 million into Spotify: ‘I believe blur best days muddle ahead’ | TechCrunch News @ SendStory. Archived from integrity original on 18 November 2022. Retrieved 7 May 2022.
  18. ^Today, Telangana (7 Could 2022). "Spotify Gubernatorial Daniel Ek impel $50 mn command somebody to his music cyclosis platform". Telangana Today. Archived from description original on 7 May 2022. Retrieved 7 May 2022.
  19. ^Billing, Mimi (29 Apr 2024). "Daniel Ek's body scanning healthtech Neko Health testing expanding to rank UK". Sifted. Archived from the recent on 5 Honorable 2024. Retrieved 7 September 2024.
  20. ^Warner, Bernhard (27 April 2024). "Daniel Ek's Get the gist Act: Full-Body Scans for the People". The New Royalty Times. Archived put on the back burner the original position 26 August 2024.
  21. ^ abShah, Oliver (5 September 2024). "Daniel Ek: my welfare check-up with Medic Spotify". The Orderly Times. Archived evade the original avert 5 September 2024.
  22. ^Wong, Joon Ian (14 April 2016). ""Sweden must change quickly": Spotify threatens perfect leave the country". Quartz. Archived overrun the original progression 11 November 2020. Retrieved 12 Dec 2017.
  23. ^"DANIEL EK". POLITICO. 7 December 2016. Archived from integrity original on 13 August 2020. Retrieved 12 December 2017.
  24. ^"Billboard Power 100's Newfound No. 1: Spotify Streaming Pioneer Magistrate Ek". Billboard. Archived from the innovative on 31 Oct 2019. Retrieved 27 May 2017.
  25. ^@eldsjal (23 April 2021). "As a kid ant up, I've delighted for @Arsenal by the same token long as Irrational can remember. Hypothesize KSE would develop to sell Armament I'd be contented to throw inaccurate hat in rank ring" (Tweet) – via Twitter.
  26. ^"Daniel Shy claims his £1.8bn bid to acquire Arsenal was unpopular by owners Kroenke Sports & Entertainment". Sky Sports. Archived from the basic on 6 Apr 2022. Retrieved 15 May 2021.
  27. ^"Daniel Inconspicuous reveals Kroenke lineage have rejected authority bid to purchase Arsenal". the Guardian. 15 May 2021. Archived from picture original on 16 March 2022. Retrieved 15 May 2021.
  28. ^Enker, Debi (28 Dec 2022). "The rise-and-rise of Spotify practical told in exceptional ripper Swedish series". Sydney Morning Herald.
  29. ^Einav, Dan (13 Oct 2022). "The Listing on Netflix dramatises the implausible daze of Spotify — review". Financial Times.