Spotify
Also known as Spotify Technology S.A., Spotify AB
Swedish audio streaming service founded in 2006 by Daniel Ek and Martin Lorentzon; 788 million users.
At a glance
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- Spotify is a music, podcast and audiobook streaming service founded in Stockholm in April 2006 by Daniel Ek and Martin Lorentzon.
- It runs on a freemium model: free with ads, or paid for offline and ad-free listening.
- It has 788 million monthly users, 306 million of them paying, in 184 markets.
- Its parent, Spotify Technology S.A., is listed on the New York Stock Exchange.
Why it matters
- It is the world's largest audio streaming service, and much of how musicians and podcasters are paid runs through it.
Key facts
- Founded
- 23 April 2006, by Daniel Ek and Martin Lorentzon1
- Headquarters
- Stockholm, Sweden (operational)1
- Users
- 788 million, including 306 million subscribers, in 184 markets2
- Catalogue
- 100 million tracks, 8 million podcast titles and 800,000 audiobooks in select markets2
- Mission
- "To deliver creativity to the world—one note, one voice, one idea at a time"2
- Type
- Public (NYSE: SPOT), through Spotify Technology S.A.1
- Revenue
- €17.186 billion (2025)1
- Employees
- 7,284 (September 2026)1
People
Led by
- Daniel Ek
executive chairman 2
- Alex Norström
co-CEO 1
- Gustav SöderströmPerson
co-CEO 1
Founded by
- Daniel Ek
- Martin Lorentzon
Links
Sources
Last checked against its sources today
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