|
| As for important facts about Spotify, here are a few: |
|
| 1. Spotify was founded in April 2006 in Stockholm, Sweden by Daniel Ek and Martin Lorentzon. |
| 2. The music streaming service officially launched in October 2008. |
| 3. Spotify has over 345 million monthly active users, with 155 million of them being paid subscribers. |
| 4. The platform offers over 70 million tracks and 2.6 million podcast titles. |
| 5. Spotify has been credited with revolutionizing the music industry by making music more accessible and convenient for listeners around the world. |
| 6. The company has faced criticism from artists for its royalty payment structure, with some artists arguing that they are not adequately compensated for their music being streamed on the platform. |