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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
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 ...
Blinding Lights" by the Weeknd is the most-streamed song on Spotify, with over 4 billion streams. The following lists contain the most-streamed songs and albums as well as charts records on the audio streaming platform Spotify. As of May 2024, "Blinding Lights" (2019) by Canadian singer the Weeknd is the most-streamed song to date.
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.
Apple has rejected Spotify's new version of its iOS app with in-app pricing information for users in the European Union, the audio streaming firm said on Thursday. The Swedish company submitted a ...
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, a music streaming company, has attracted significant criticism since its 2006 launch, mainly over artist compensation. Unlike physical sales or downloads, which pay artists a fixed price per song or album sold, Spotify pays royalties based on the artist's "market share"—the number of streams for their songs as a proportion of total songs streamed on the service.