| 2. As of 2021, Spotify has over 345 million monthly active users and over 155 million premium subscribers. |
| 3. Spotify was founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon. |
| 4. The platform offers both a free ad-supported tier and a premium subscription tier that allows users to listen to music without ads and download songs for offline listening. |
| 5. Spotify uses algorithms and user data to personalize recommendations and create personalized playlists for each user. |
| 6. Artists can upload their music to Spotify through a distributor or record label, and receive royalties based on the number of streams their songs receive. |
| 7. Spotify offers a variety of curated playlists and radio stations, as well as features like Discover Weekly and Release Radar to help users discover new music. |
| 8. In addition to music, Spotify also offers a wide range of podcasts on various topics including news, comedy, true crime, and more. |
| 9. Spotify has a feature called Spotify Wrapped that gives users a personalized summary of their listening habits at the end of each year, including their most listened-to songs, artists, and genres. |
| 10. Spotify has faced criticism from artists and music industry insiders for its low royalty rates and alleged lack of transparency in how it pays artists. |