Category: Spotify

Spotify Technology S.A is a Luxembourg-based holding company[1] who owns Spotify AB (/ˈspɒtɪfaɪ/; Swedish: [ˈspɔ̂tːɪfaj]),[1]:43 a Swedish audio streaming and media services provider, founded in 2006 by Daniel Ek. Spotify is headquartered in Stockholm, Sweden,[1] with offices in 17 different countries around the world.[7][8] 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.[9] Spotify offers digital copyright restricted recorded music and podcasts, including more than 70 million songs, from record labels and media companies.[9] 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.