Daniel Ek Exits Stage Left—Spotify CEO Trades Artist Exploitation for Bankrolling EU “Moonshots”

Daniel Ek will officially step down as CEO of Spotify on January 1, 2026. He’ll use the wealth he gained from cashing out SPOT stock—estimated at nearly $10 billion—to focus on investing in high-risk European technology investments. This follows a tenure defined equally by massive streaming growth and fierce criticism from within the music industry. […]

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