Spotify - Wikipedia
Summary
Spotify is a Stockholm-founded audio streaming and media platform that operates a freemium service offering DRM-protected music, podcasts and audiobooks to users across hundreds of markets. The company reported roughly 761 million monthly active users and about 293 million paying subscribers as of early 2026 and trades on the New York Stock Exchange. Spotify has grown through continuous product development, numerous acquisitions (especially in podcasting and audio tech), and partnerships across gaming and device ecosystems, while rolling out features like AI playlists and lossless audio. It turned profitable for the first full year in 2024 but continues to face disputes over royalties, content moderation, data incidents and worker union activity.