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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).
The following table lists the top 10 most-streamed albums on Spotify, with streams rounded to the nearest million, as well as the number of tracks, the artist and the date it was released.
Premium subscribers met Wall Street expectations of 239 million — a 14% year-over-year jump. Spotify expects the subscriber count to increase to 245 million in the second quarter.
April 23, 2024 at 6:53 AM. Spotify reeled in fewer new users overall than it expected in the first quarter of 2024, but the audio-streaming giant touted “record strength” in profitability ...
Shares climbed as much as 11% shortly after the opening bell. The streaming service reported a net loss of 70 million euros ($75.2 million), or a loss of 0.36 euros per share. That missed analyst...
Co-founder of Tradedoubler and Spotify. Board member of. Spotify. Sven Hans Martin Lorentzon ( pronounced [ˈmǎʈːɪn ˈlôːrɛnˌsɔn]; born 1 April 1969) is a Swedish entrepreneur and co-founder of Tradedoubler and Spotify. [1] From 2013 to 2018 he was on the board of Telia Company.
Spotify’s podcast chief exits as the streamer pivots from its $1 billion bet on exclusivity deals with the likes of Joe Rogan and Alex Cooper. Ryan Hogg. May 10, 2024 at 4:58 AM. Vivian Zink ...
With the launch of 2023 Spotify Wrapped, here’s what you need to know. How to access Spotify Wrapped. To get the Spotify Wrapped experience, users must be subscribed to Spotify.
In 2006, Swedish businessman Daniel Ek and Martin Lorentzon founded Spotify, which first launched in 2008; aiming to create a legal alternative to file sharing platforms such as Napster and Kazaa, the service allowed users to stream songs on-demand using peer-to-peer technology, and would be offered in subscription-based and ad-supported tiers ...