Spotify Technology S.A. Overview
Spotify Technology S.A. is a global leader in audio streaming, offering music and podcast services to users worldwide. Founded in 2006 and based in Luxembourg, Spotify operates through two main segments:
Premium – Ad-free music and podcast streaming with unlimited online and offline access for subscribers.
Ad-Supported – Free access to music and podcasts with ads, available on computers, tablets, and mobile devices.
In addition to streaming, Spotify provides marketing, sales, research & development, and customer support services.
As of December 31, 2021, Spotify had 406 million monthly active users and 180 million premium subscribers across 184 countries and territories.