4 ms·
Given that the major shareholders are the big music rights holders which is one of Spotifies major costs shareholder have done alright.
by Marazan 3y ago
Given that the major shareholders are the big music rights holders which is one of Spotifies major costs shareholder have done alright.
- lotsofpulp 3y agoThis is not true. They must be very insignificant shareholders (less than 1%). https://finance.yahoo.com/quote/SPOT/holders/ https://finance.yahoo.com/quote/SPOT/holders/
- Marazan 3y agoThabks for that. I've not been paying attention - the major labels have all sold (almost all) their stakes over the last few years.
- lotsofpulp 3y agoI can’t find any references for when the 3 major labels held significant stakes in Spotify. Only Sony did with 5.7% at the time they went public, according to the principal shareholders section: https://www.sec.gov/Archives/edgar/data/1639920/000119312518063434/d494294df1.htm#rom494294_18 https://www.sec.gov/Archives/edgar/data/1639920/000119312518...
- Marazan 3y agoOther majors had slightly less than Sony each - just under the 5% threshold.