Technology Magazine April 2020 | Page 94

Spotify
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Spotify
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07 Spotify

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Spotify or , to give it its full name , Spotify Technology , is primarily a music streaming service , though it also provides a platform for videos and podcasts . Available as both an advertisement supported , free service or via subscription , Spotify ’ s success led to its 2018 listing on the New York Stock Exchange . Though legally based in Luxembourg , the company is run from Stockholm , Sweden , the country in which it was founded in 2006 by Daniel Ek and Martin Lorentzon . APRIL 2020