Daniel Ek will remain Spotify’s executive chairman with control over strategy and capital allocation, while Gustav Söderström and Alex Norström become co-CEOs. Despite protests from bands, Spotify’s market dominance against rivals like Apple Music remains. The stock fell 4.2% on Tuesday. Ek’s title change won’t result in significant policy shifts.

On January 1, Daniel Ek will hand over the CEO title to Spotify’s current co-Presidents, Gustav Söderström and Alex Norström. Ek will play the role of the European-style executive chairman, essentially maintaining the existing management structure. The new co-CEOs will report directly to Ek, with little expected change in authority.

The CEO change at Spotify is more of a title update, with Ek emphasizing continuity in operations. The recent reshuffling of top-level executives follows clashes with popular artists over issues such as artist compensation rates and Ek’s investment in a company making military drones. The stock fell 4.2% on Tuesday.

Investors may see Tuesday’s 4.2% dip in Spotify’s stock as a buying opportunity, focusing on fundamentals like subscriber growth and margins rather than artist protests. Despite competition from Apple Music and YouTube Music, Spotify remains the top music-streaming service. The Motley Fool Stock Advisor team has identified 10 best stocks to buy now, with Spotify not included.

Read more at Nasdaq: Is Spotify’s CEO Change Just Musical Chairs for Investors?