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Spotify was founded in 2006 in Stockholm, Sweden, [16] by Daniel Ek, former CTO of Stardoll, and Martin Lorentzon, co-founder of Tradedoubler. [17][18] 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".
As of February 2024, American singer-songwriter Taylor Swift is the most-streamed artist, [2] and Canadian rapper Drake is the most-streamed male artist in Spotify's history. [a] 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 ...
Spotify's most streamed song for the longest period of time was " Shape of You " (2017) by the English singer-songwriter Ed Sheeran. Currently, 758 songs have surpassed one billion Spotify streams, [ 1 ] 105 have surpassed two billion, 14 have surpassed three billion, and two have surpassed four billion Spotify streams.
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Comparison of music streaming services The following is a list of on-demand music streaming services. These services offer streaming of full-length content via the Internet as a part of their service, [1] without the listener necessarily having to purchase a file for download. [2] This type of service is somewhat similar to Internet radio. Many of these sites have advertising that supports ...
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Criticism of Spotify. Spotify, a music streaming company, has attracted significant criticism since its 2008 launch, [1] 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 ...