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Spotify is the world's most popular audio streaming subscription service, launched in 2008 in Stockholm, Sweden. It was founded by Daniel Ek and Martin Lorentzon as a legal alternative to music piracy. The service provides access to millions of songs and podcasts from record labels and media companies worldwide.
While the code for the application is developed primarily in its Swedish and American hubs, the product is a digital service delivered via cloud infrastructure globally. Spotify Technology S.A. remains a publicly traded company on the New York Stock Exchange, headquartered in Luxembourg with its primary operations based in Stockholm. It has grown into a dominant force in the music industry, fundamentally changing how consumers access and pay for audio content.
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