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Spotify's Profit Sparks Outcry Over CEO's Controversial Investments

10/7/2025

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Summary

Story summary

Spotify CEO Daniel Ek announced a positive outlook for the music industry after Spotify's first profitable year in 2024.
The Bay Area hosted the 'Death to Spotify' forum, prompted by Ek's military tech investments, with sold-out attendance.
Björk and Paramore joined the 'No Music for Genocide' campaign, blocking music streaming in Israel; Ek will become executive chairman in January 2026.

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Story summary

Spotify CEO Daniel Ek announced a positive outlook for the music industry after Spotify's first profitable year in 2024.
The Bay Area hosted the 'Death to Spotify' forum, prompted by Ek's military tech investments, with sold-out attendance.
Björk and Paramore joined the 'No Music for Genocide' campaign, blocking music streaming in Israel; Ek will become executive chairman in January 2026.