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# Who owns Spotify?
- URL: https://www.hypebot.com/who-owns-spotify/
- Published: 2023-01-12T15:20:38.000Z
- Updated: 2023-01-12T15:22:14.000Z
- Description: Year-end filings give us a glimpse into who owns and therefore effectively controls Spotify, the world’s #1 streaming music and podcast service. The biggest block of Spotify shares is controlled. Continue reading [https://www.hypebot.com/hypebot/2023/01/who-owns-spotify.html]
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 09:44

Year-end filings give us a glimpse into who owns and therefore effectively controls Spotify, the world’s #1 streaming music and podcast service.

The biggest block of Spotify shares is controlled by its two founders, Martin Lorentzon, who, as of January 3, 2023, owned 10.9% of the company’s total shares, and CEO Daniel Ek, who owns 7.3%.

![](https://storage.ghost.io/c/3a/95/3a957c06-c825-4057-9939-0a274cc16d23/content/images/businessmodelanalyst-com/wp-content/uploads/2023/01/who-owns-spotify_02b.webp)

from [The Business Model Analyst](https://businessmodelanalyst.com/who-owns-spotify/?ref=hypebot.com)

Spotify’s largest institutional shareholders include Baillie Gifford & Co., which owns a 14.5% stake. T. Rowe Price, which owns 6.18%, and Morgan Stanley, which owns 3.66%.

Chinese tech and music giant Tencent owns 8.61% of shares, and Sony Group Corporation owns a 2.65%. Tencent also owns substantial positions in Universal Music Group and Warner Music Group.

**Bruce Houghton* is the Founder and Editor of [Hypebot](https://www.hypebot.com/) and [MusicThinkTank](http://www.musicthinktank.com/?ref=hypebot.com), a Senior Advisor at [Bandsintown](https://www.bandsintown.com/?ref=hypebot.com), President of the[ Skyline Artists Agency](https://skylineonline.com/?ref=hypebot.com), and a professor for the [Berklee College Of Music](https://online.berklee.edu/courses/touring-101?ref=hypebot.com).*