Facebook Owns a Lot of Companies, but Spotify Is Not One of Them

In relation to who really owns Spotify, the reply is barely difficult. Rolling Stone reported, “SEC paperwork present that precisely 65 p.c of Spotify was owned by simply six events: the agency’s co-founders, Daniel Ek and Martin Lorentzon (30.6 p.c of strange shares between them); Tencent Holdings Ltd. (9.1 p.c); and a run of three asset-management specialists: Baillie Gifford (11.eight p.c), Morgan Stanley (7.three p.c), and T.Rowe Worth Associates (6.2 p.c).”