Spotify is a digital music streaming platform that allows users to access a vast library of songs, podcasts, and other audio content. It offers both free and premium subscription options, with the premium service providing ad-free listening, offline access, and enhanced audio quality. Spotify also features personalized playlists and algorithm-driven recommendations tailored to user preferences.
History
Spotify was launched in 2008 by Daniel Ek and Martin Lorentzon. The platform quickly gained popularity in Sweden and then expanded internationally. Over the years, it has transformed the music industry by offering streaming as an alternative to purchasing music, leading to changes in how artists distribute and earn revenue from their work. The company has also invested in podcasts and acquired several podcast networks to diversify its offerings.
