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SPOT vs TKO

Spotify Technology S.A. and TKO Group Holdings, Inc.

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Spotify Technology S.A.

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg, Luxembourg.

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TKO Group Holdings, Inc.

TKO Group Holdings, Inc. operates as a sports and entertainment company. The company owns and manages sports and entertainment intellectual property; produces and licenses live events, programing, and long-form and short-form content, reality series, and other filmed entertainment on digital and linear channels and via pay-per-view; and offers UFC FIGHT PASS, a direct-to-consumer streaming product that provides access to live and video-on-demand events, as well as original content. It is also involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys. In addition, the company engages in the sponsorships and advertising business, which offers sale of in-venue and in-broadcast advertising assets, content product integration, and digital impressions. The company was incorporated in 2023 and is based in New York, New York. TKO Group Holdings, Inc. is a subsidiary of Endeavor Group Holdings, Inc.

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