Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

SPOTIFY TECHNOLOGY S.A.

(SPOT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Spotify Technology S A : Celebrating 7 Years of Spotify's Flagship K-pop Playlist, K-Pop Daebak

09/13/2021 | 10:42am EDT

On September 12, 2014, Spotify unveiled K-Pop Daebak, a first-of-its-kind playlist that became home to the K-pop genre on Spotify. Since then, it's racked up nearly 5.3 billion minutes of streaming and 1.7 billion accumulated stream counts, and introduced approximately 70,000 tracks worldwide. Today, seven years later, it has over 3.1 million followers on Spotify, making it one of the most important global hubs of the genre and connecting the genre with a global audience.

In honor of the impactful playlist's seventh anniversary, we're sharing the streaming data with K-pop fans. Check it out:

Over the past seven years, the playlist has been streamed for nearly 5.3 billion minutes-that's over 88 million hours. And translated into years? Ten thousand years of K-Pop Daebak listening.

In that time, we've found that the age group that streams K-Pop Daebak the most are Gen Z, with over half of the streams coming from 18- to 24-year-olds (51%), followed by 25- to 29-year-olds (20%), and those ages 17 or under (13%). And the top 10 countries that have listened to the flagship playlist the most? The United States, Indonesia, the Philippines, Malaysia, Taiwan, Singapore, Thailand, Canada, Brazil, and Australia.

'Spotify is dedicated to connecting Korean artists and their work to listeners all over the world, so that music can be discovered and enjoyed far and wide across borders,' says KossyNg, Head of Music, Asia, Spotify. 'This has [been], and will continue to be, our mission in Korea for the long term and we are honored to serve as a bridge that connects K-pop and Korean artists to the world.'

Since launching its service in Korea back in February, Spotify has also accelerated its support for Korean labels and artists by providing Masterclasses of our Spotify for Artistsplatform featuring various cutting-edge tools and data to empower them to connect with a larger global audience.

But K-pop doesn't start-or stop-with this one playlist. In addition to K-Pop Daebak, Spotify offers a wide range of playlists and music from Korean artists through our global K-pop hub. Playlists range from RADAR Koreaand Fresh Finds Korea-dedicated to helping listeners discover rising Korean artists-to R&B and hip-hop-focused TrenChill K-R&Band K-Hip Hop +82, indie music-focused In The K-Indie, and countless more. The hub also has multiple playlists filled with tracks from Korea that are ever evolving, organized by various themes, moods, and moments so you can dive into K-pop nonstop.

Celebrate K-Pop Daebak's 7th anniversary by streaming the playlist below.

Disclaimer

Spotify Technology SA published this content on 13 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2021 14:41:07 UTC.


ę Publicnow 2021
All news about SPOTIFY TECHNOLOGY S.A.
10/22SPOTIFY TECHNOLOGY S A : What Is Rap? In Poland, Artist Young Leosia and Her Fellow Rapper..
PU
10/21Google halves Play Store fees for subscription apps
RE
10/21‘SPOTIFY : Mic Check' Welcomes Fresh Finds Artist Julia Wolf To Share Her Story
PU
10/21ALL-STARS SHANIA TWAIN, LAUREN ALAIN : Discover This'
PU
10/21SPOTIFY TECHNOLOGY S A : Listen—and Watch—Your Favorite Creators as Video Podc..
PU
10/20SHOPIFY : Launches Spotify Channel For Artist-Entrepreneurs
MT
10/19SPOTIFY TECHNOLOGY S A : Meet Iconic Australian Musician in Spotify Original Podcast &lsqu..
PU
10/19SPOTIFY TECHNOLOGY S A : How Well Do You Know the Star-Studded Cast of ‘Batman Unbur..
PU
10/19SPOTIFY TECHNOLOGY S A : Welcomes Podcast Publishers in Germany, France, Spain, and Italy ..
PU
10/19UK competition watchdog has music streaming in its sights
RE
More news
Analyst Recommendations on SPOTIFY TECHNOLOGY S.A.
More recommendations
Financials
Sales 2021 9 541 M 11 072 M 11 072 M
Net income 2021 -113 M -131 M -131 M
Net cash 2021 1 929 M 2 239 M 2 239 M
P/E ratio 2021 -345x
Yield 2021 -
Capitalization 42 516 M 49 349 M 49 339 M
EV / Sales 2021 4,25x
EV / Sales 2022 3,53x
Nbr of Employees 5 584
Free-Float 70,4%
Chart SPOTIFY TECHNOLOGY S.A.
Duration : Period :
Spotify Technology S.A. Technical Analysis Chart | SPOT | LU1778762911 | MarketScreener
Technical analysis trends SPOTIFY TECHNOLOGY S.A.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Last Close Price 222,18 €
Average target price 246,10 €
Spread / Average Target 10,8%
EPS Revisions
Managers and Directors
Daniel Ek Chairman & Chief Executive Officer
Paul Aaron Vogel Chief Financial Officer
Stig Gustav Victor S÷derstr÷m Chief Research & Development Officer
Martin Lorentzon Independent Director
Cristina Stenbeck Independent Director
Sector and Competitors
1st jan.Capi. (M$)
SPOTIFY TECHNOLOGY S.A.-18.04%49 349
TENCENT HOLDINGS LIMITED-10.46%618 723
NETFLIX, INC.24.21%297 513
PROSUS N.V.-13.26%282 187
AIRBNB, INC.15.29%104 834
UBER TECHNOLOGIES, INC.-10.35%89 455