Spotify CEO Daniel Ek has raked in nearly $119 million in a stock sale after recently overseeing the layoff of 1,500 employees — a reduction that Ek himself acknowledged created a “significant” challenge” for the streaming company.
Spotify CEO Daniel Ek says Apple’s recently proposed changes to its App Store policies represent a “new low” for the tech giant. The Spotify boss, a constant critic of Apple’s stranglehold on the marketplace for apps and the “tax” it places on in-app purchases, calls Apple’s proposed changes “extortion, plain and simple.”
Twister Sister singer Dee Snider said Spotify CEO Daniel Ek “should be taken out and shot” over what he believes is an unfair compensation for artists’ music.
Spotify has announced layoffs impacting 17 percent of its employees, its third layoff of 2023. The Company is desperately chasing profitability, with CEO Daniel Ek explaining, “As we’ve grown, we’ve moved too far away from this core principle of resourcefulness.”
Spotify’s CEO said the company won’t remove Kanye West’s music from its platform despite mounting pressure to do so from a growing number of corporate leaders and news media outlets.
Spotify CEO Daniel Ek said that he will not remove podcaster Joe Rogan from his platform despite the recently surfaced videos.
Spotify boss Daniel Ek addressed his staff Wednesday and their concerns over the content of Joe Rogan’s podcasts, reminding them of the virtues of tolerance before pointing out it is not the company’s place to “dictate the discourse” of his controversial show.
Spotify CEO Daniel Ek has taken issue with the recent changes to Apple’s App Store, which free app developers to offer alternative payment options, stating that the changes are a “step in the right direction,” but still don’t address the issues that he and many others have with the Masters of the Universe.
