Spotify

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Spotify Technology S.A.
Spotify Logo
Screenshot
Screenshot o Spotify for iOS
Teep o businessPublic
Tradit asNYSESPOT
Foondit23 Apryle 2006; 16 years ago (2006-04-23)
Kintra o originSwaden
No. o locations
Foonder(s)
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; 14 years ago (2008-10-07)

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.

References[eedit | eedit soorce]

  1. "About Us". www.spotify.com. Spotify AB. 12 Julie 2018. Retrieved 12 Julie 2018.
  2. "Shareholder Letter Q4 2019" (PDF). investors.spotify.com. Archived frae the original (PDF) on 11 Julie 2020. Retrieved 9 Juin 2020.
  3. "Shareholder Letter Q4 2019" (PDF). investors.spotify.com. Archived frae the original (PDF) on 11 Julie 2020. Retrieved 9 Juin 2020.
  4. "Annual Financial Report 2018" (PDF). investors.spotify.com. Archived frae the original (PDF) on 11 Julie 2020. Retrieved 9 Juin 2020.
  5. "Alexa - Spotify Competitive Analysis, Marketing Mix and Traffic". www.alexa.com. Archived frae the original on 29 October 2019. Retrieved 15 August 2019.

Freemit airtins[eedit | eedit soorce]