The Business Model of Spotify
As of August 19, 2026
Spotify is a Swedish audio streaming and media services company created by Daniel Ek and Martin Lorentzon on 23 April 2006. Since its launch in 2008, it has become the world's most popular audio streaming subscription service, with 777 million users including 300 million subscribers in 184 markets. Spotify is listed on the New York Stock Exchange in the form of American depositary receipts (via a Luxembourg-based holding company, Spotify Technology S.A.). Spotify provides digital copyright-restricted recorded music, podcasts, and audiobooks, including over 100 million tracks, 7 million podcast titles, and 700,000 audiobooks. As a freemium service, basic functions such as offline listening and limited control are available for a fee, while further features such as commercial-free listening and offline listening are available via paid subscriptions. Users can do artist, album, or genre searches and build, update, and share playlists.
Hard Facts
Business Model Canvas
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SWOT Analysis
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