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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
Spotify's most streamed song for the longest period of time was "Shape of You" (2017) by the English singer-songwriter Ed Sheeran. Currently, 683 songs have surpassed one billion streams on Spotify, 93 have surpassed two billion, and 13 have surpassed three billion. "Blinding Lights" by the Weeknd is the only song that has surpassed four ...
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 July 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 female ...
Spotify ( SPOT) stock rose 5.6% on Monday after the streaming giant announced another round of price hikes for its US subscription plans. Prices will rise between $1 and $3 beginning in July, the ...
Entrepreneur. Known for. 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. Since April 2019, he has been an ...
Criticism of Spotify. Spotify, a music streaming company, has attracted significant criticism since its 2006 launch, [1] [2] 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 ...
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 ...
The Playlist is a docu-drama miniseries created for Netflix.It was inspired by the book Spotify Untold written by Sven Carlsson and Jonas Leijonhufvud. Directed by Per-Olav Sørensen, the series tells a "fictionalized" story of the birth of the Swedish music streaming company Spotify, along with its early challenges.
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