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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".
South Korean boy band BTS is the most-streamed group in Spotify's history. [ 1] The following list contains the most-streamed artists on the audio streaming platform Spotify. As of August 2024, Canadian rapper Drake is the most-streamed artist of all time, with over 100 billion streams. [ 2] American singer Taylor Swift is the most-streamed ...
Spotify Wrapped is a viral marketing campaign by Spotify. Released annually since 2016, every early December, the campaign allows Spotify users to view a compilation of data about their activity on the platform over the past year and invites them to share it on social media. Spotify Wrapped typically includes the five musicians a user has ...
How Spotify makes money. Spotify's business model relies on both paid and ad-supported users. The platform has two tiers: a limited ads service for free, and an unlimited premium service for a ...
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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 as a proportion of total songs streamed on the service.
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 ...
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 ...