Spotify

Spotify is a Swedish-origin music streaming service founded in 2008 by Daniel Ek and Martin Lorentzon. It has grown to become a global leader in audio streaming, offering a vast library of music and podcasts to users worldwide. The company is headquartered in Luxembourg and is publicly traded on the New York Stock Exchange under the ticker symbol SPOT. As of 2024, Spotify has over 675 million monthly active users and 263 million paid subscribers, achieving full-year profitability for the first time after 18 years. The platform continues to innovate, recently launching 'Music Pro,' a super-premium service targeting music enthusiasts, and expanding its offerings to include podcasts and live audio content. (axios.com, ft.com)