Spotify

Spotify

Swedish music streaming service
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Spotify is a Swedish audio streaming and media service provider founded on 23 April 2006 by Daniel Ek and Martin Lorentzon. As of September 2024, it is one of the largest providers of music streaming services, with over 640 million monthly active users comprising 252 million paying subscribers. Spotify is listed (through a Luxembourg City-domiciled holding company, Spotify Technology S.A.) on the New York Stock Exchange in the form of American depositary receipts.

Industry
Music streaming, on-demand media
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Revenue
Increase €6.764 billion (2019)
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Website
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Alexa rank
Decrease 82 (April 2020)
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Registration
Required
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Users
286 million
(130 million paying)
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Launched
7 October 2008; 11 years ago (2008-10-07)
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