Daniel Ek Latest Celebrity News & Gossip

Spotify CEO Daniel Ek discussed streaming and sustainability in a recent interview with Music Ally published on Thursday. Ek denied criticisms that Spotify pays insufficient royalties to artists, and insisted that the role of the musician had changed in today's "future landscape." Ek claimed that a "narrative fallacy" had been created and caused music fans to believe that Spotify doesn't pay musicians enough for streams of their music.

Daniel Ek noted during an investors call that sales improved significantly by June.Spotify said its second-quarter operating loss amounted to €167 million ($196 million), compared with €3 million ($3.5 million) a year ago and €17 million ($20 million) at the end of March.

Jem Aswad Senior Music EditorAhead of Spotify’s earnings call for its second-quarter results, the company’s cofounder and CEO Daniel Ek and CFO Paul Vogel got on the phone for a short call with Variety’s Jem Aswad and Todd Spangler.

in India in 2019; in 14 markets in the Middle East and Africa in 2018 (including South Africa); and in Vietnam in 2017.

Bernstein analyst Todd Juenger has downgraded his rating on the stock of music streaming giant Spotify from "market perform" to "underperform," citing its run-up since a big podcasting deal with Joe Rogan. But he raised his stock price target from $134 to $172.

By Jem Aswad

Spotify has introduced a work from home policy amid fears of the coronavirus outbreak.

Spotify has introduced a work from home policy amid fears of the coronavirus outbreak. Daniel Ek, founder and CEO of the company, tweeted Tuesday, "I have asked Spotify employees to work from home for the next two weeks due to the increased risk of COVID-19.

SiriusXM president and chief content officer Scott Greenstein will be honored by the UJA-Federation of New York as its Music Visionary of the Year on June 4 in New York City. The award recognizes exceptional professional accomplishments and commitment to philanthropy.