Spotify

Spotify Technology S.A. (/ˈspɒtɪf/) is a Swadish media-services provider foondit in 2006. The company's primar business is its audio streamin platfuirm that provides DRM-protectit muisic an podcasts frae record labels an media companies. As a freemium service, basic features are free wi advertisements or automatic muisic videos, whilk addeetional featurs, such as impruivit streamin quality, are affered via paid subscriptions.

Spotify Technology S.A.
Spotify Logo
Screenshot
Screenshot o Spotify for iOS
Teep o businessPublic
Tradit asNYSESPOT
Foondit23 Apryle 2006; 18 years ago (2006-04-23)
Kintra o originSwaden
No. o locations
Foonder(s)
  • Daniel Ek
  • Martin Lorentzon
CEODaniel Ek
IndustryStreamin on-demand media
RevenueIncrease €6.764 billion (2019)[2]
Net incomeDecrease -€186 million (2019)[3]
Employees3,651 (31 December 2018)[4]
SubsidiariesTencent Music (46.6%)
Wabsteidwww.spotify.com
Alexa rankIncrease 96 (August 2019)[5]
RegistrationRequired
Users286 million
(130 million paying)
Launched7 October 2008; 15 years ago (2008-10-07)

References

Freemit airtins