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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
Since 2012, Spotify has published a yearly list of its most-streamed artists, which has been topped by Drake and Puerto Rican rapper Bad Bunny a record three times, with Bad Bunny being the only artist to do so in consecutive years (2020–2022). Swift is the only female artist to have topped the list (2023).
As of June 2024, Un Verano Sin Ti (2022) by Puerto Rican rapper Bad Bunny is the most-streamed album of all time on Spotify, while Sour (2021) by American singer Olivia Rodrigo is the most-streamed album by a female artist. The following table lists the top 10 most-streamed albums on Spotify, with streams rounded to the nearest million, as well ...
UPDATED: Spotify was hit with a cease-and-desist letter from the National Music Publishers Assn. over its use of lyrics in its recently launched video function and podcasts, and its remix feature ...
Spotify ( SPOT) stock rose as much as 4% in early trading on Monday after the streaming giant announced another round of price hikes for its US subscription plans. Prices will rise between $1 to ...
Beginning in July, Spotify’s US subscribers will pay $1 more per month for its ad-free premium plan, rising to $11.99 per month — a 20% increase over the past two years. The audio streamer ...
When Spotify announced its largest-ever round of layoffs in December, CEO Daniel Ek hailed a new age of efficiency at the streaming giant. But four months on, it seems he and his executives weren ...
The Playlist is a docu-drama miniseries created for Netflix.It was inspired by the book Spotify Untold written by Sven Carlsson and Jonas Leijonhufvud. Directed by Per-Olav Sørensen, the series tells a "fictionalized" story of the birth of the Swedish music streaming company Spotify, along with its early challenges.
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