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Spotify was founded in 2006 in Stockholm, Sweden, by Daniel Ek, former CTO of Stardoll, and Martin Lorentzon, co-founder of Tradedoubler. According to Ek, the company's title was initially misheard from a name shouted by Lorentzon. Later they conceived a portmanteau of "spot" and "identify". Early international launches
In March of 2024, Spotify "bundled" its music streaming plan with audiobooks, which altered the rate in which royalties would be paid. Currently, Spotify subscribers cannot access a music-only ...
Spotify's most-streamed song for the longest period of time was "Shape of You" (2017) by the English singer-songwriter Ed Sheeran. Currently, 631 songs have surpassed one billion streams on Spotify, 82 have surpassed two billion, and nine have surpassed three billion. "Blinding Lights" by the Weeknd is the only song that has surpassed the four ...
Spotify shares have surged about 80% over the past year and are up more than 15% year to date. The stock is still off about 40% from its record high of $364.59 a share in February 2021.
List of most-streamed artists on Spotify. American singer-songwriter Taylor Swift is the most-streamed artist in Spotify's history. Canadian rapper Drake is the most-streamed male artist in Spotify's history. South Korean boy band BTS is the most-streamed group in Spotify's history, as well as the most-followed group on the platform.
Spotify will raise prices in the United States, its largest territory, later this year, according to the report. The new basic tier is the first of what will be several new pricing options from ...
Spotify shares, which initially fell on the quarter results, reversed course to rise 8% in premarket trading on Tuesday. "We are going to add back some marketing spend over the year," CEO Daniel ...
Music streaming service. A music streaming service is a type of online streaming media service that focuses primarily on music, and sometimes other forms of digital audio content such as podcasts. These services are usually subscription-based services allowing users to stream digital copyright restricted songs on-demand from a centralized ...
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