When was the streaming platform "Spotify" launched in Sweden?
Spotify Technology S.A. is an international media services provider based in Stockholm, Sweden. Launched in 2006, the company's primary business is providing an audio streaming platform, the "Spotify" platform, that provides DRM-protected music, videos and podcasts from record labels and media companies.
As a freemium service, basic features are free with advertisements or automatic music videos, while additional features, such as improved streaming quality and commercial-free listening, are offered via paid subscriptions.
The Spotify platform provides access to over 50 million tracks. Users can browse by parameters such as artist, album, or genre, and can create, edit, and share playlists. Spotify is available in most of Europe and the Americas, Australia, New Zealand, and parts of Africa and Asia, and on most modern devices, including Windows, macOS, and Linux computers, and iOS, and Android smartphones and tablets.
As of October 2019, the company had 248 million monthly active users, including 113 million paying subscribers.