Spotify is one of the largest music streaming service providers, with over 433 million monthly active users, including 188 million paying subscribers, as of June 2022.
Spotify has been listed through a Luxembourg City domiciled holding company, Spotify Technology S.A. on the New York Stock Exchange in the form of American depositary receipts.
Spotify offers digital copyright-restricted recorded music and podcasts, including more than 82 million songs, from record labels and media companies. As a freemium service, basic features are free with advertisements and limited control, while additional features, such as offline listening and commercial-free listening, are offered via paid subscriptions.
Spotify is currently available in 180+ countries, as of October 2021. Users can search for music based on artist, album, or genre, and can create, edit, and share playlists.
What Artists Are Leaving Spotify?
Entertainment figures Neil Young, left, Joni Mitchell, Ava DuVernay and India Arie have cut ties with Spotify. Veteran singer-songwriter Neil Young recently urged other artists and record companies to move off the SPOTIFY platform and stop supporting SPOTIFY's deadly misinformation about COVID