Invest in Spotify (spot)

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Spotify

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About Spotify (SPOT)

Spotify Technology S.A is a digital music service offering music fans instant access to a world of music. The company operates through the following segments: Premium and Ad-Supported. The Premium segment provides subscribers with unlimited online and offline high-quality streaming access of music and podcasts on computers, tablets and mobile devices. Users can connect through speakers, receivers, televisions, cars, game consoles and smart watches. It also offers a music listening experience without commercial breaks. The Ad-Supported segment provides users with limited on-demand online access to music and unlimited online access to podcasts on their computers, tablets and compatible mobile devices. This allows both a premium subscriber acquisition channel and a robust option for users who are unable or unwilling to pay a monthly subscription fee, but still want to benefit from access to a wide variety of high-quality audio content. The company was founded by Daniel Ek and Martin Lorentzon in April 2006 and is headquartered in Luxembourg.

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