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Spotify Technology S.A is a Luxembourg-based holding company who owns Spotify AB (/ˈspɒtɪfaɪ/; Swedish: [ˈspɔ̂tːɪfaj]),:43 a Swedish audio streaming and media services provider, founded in 2006 by Daniel Ek. Spotify is headquartered in Stockholm, Sweden, with offices in 17 different countries around the world. It is one of the world’s largest music streaming service providers, with over 345 million monthly active users, including 155 million paying subscribers, as of December 2020. Spotify offers digital copyright restricted recorded music and podcasts, including more than 70 million songs, from record labels and media companies. As a freemium service, basic features are free with advertisements and limited control, while additional features, such as offline listening and commercial-free listening, are offered via paid subscriptions. Users can search for music based on artist, album, or genre, and can create, edit, and share playlists.