|Daniel Ek, Martin Lorentzon|
WEBSITE REGISTRATION DATE
23rd April, 2006
29+ Million USD
About Spotify Company
Spotify is a music and podcasts streaming platform which was founded by Daniel Ek and Martin Lorentzon on 23rd April,2006 in Stockholm, Sweden. It is an Swedish online music streaming platform which is headquartered in Stockholm, Sweden. Spotify gives access to millions of songs and other content from creators around the world. It is available across many devices such as phones, tablets, I-pads, computers, laptops, speakers, TVs, cars and one can easily transit from one to another.
The parent company of Spotify is Spotify Technology S. A. Spotify’s subsidiaries are Spotify India Private Limited, Spotify AB, Spotify USA, Spotify Limited, Sonalytic Limited, Spotify Mexico And Soundtrap AB. The top 6 institutional shareholders of Spotify own more than 50 percent of the company’s share and together they can strongly influence the board decisions.
About Spotify Services
Spotify offers a wide variety of music genres such as indie rock, indie pop, R&B, hiphop music, pop music, heavy metal, house music, soul music and many more. It offers about 70M plus original songs and remixes. Not only music, one can also find contrasting podcasts about comedy, story telling, crimes and shows run by radio programs and media companies.
One can use Spotify for free, they can listen to millions of music, podcasts and audiobooks, can play any playlist but they can’t download music and have to bear the ads. To resolve this issue, Spotify has introduced some premium plans for their users. There are 6 types of premium plans in total.
Premium Mini – To enjoy this plan, the user can make a payment of Rs. 7 for 1 day or Rs. 25 for one week. It offers ad free music and 30 songs can be downloaded on a mobile device for only one account.
Premium Individual – To enjoy this plan, the user can make a payment of Rs. 179 for 9 months that is 3 months free with 6 months of premium. It offers unlimited ad free music and a number of songs can be downloaded on a mobile device for only one account.
Premium Family – To enjoy this plan, the user can make a payment of Rs. 199 for 1 month but it can be extended to 3, 6 or 12 months as per their need. Premium Individual comes with 3 special features – Spotify Kids , an app packed with singalongs, soundtracks and playlists made just for kids, Family Mix, a playlist which is based on the taste of the every member and Explicit Filter, the plan’s manager can choose whether the members require explicit content or not. Also, not to forget unlimited ad free music.
Premium Duo – To enjoy this plan, the user can make a payment of Rs. 149 for 1 month. With duo comes a playlist matching both the tastes along with unlimited ad free music. 2 people living together, each can get their own premium account for one discount price.
Premium Student – To enjoy this plan, the student can make a payment of Rs. 66 for 1 month. Students get upto 50 percent discount for 4 years. Also,it renews every 12 months (upto 3 times) along with unlimited ad free music listening.
Partner Premium Plan – Some companies like phone and internet providers offer spotify premium as a part of their own plans. Users can use their existing spotify account or can create a new one to sign up.
About Spotify Benefits
Nowadays, Spotify has become one of the most popular music streaming platforms with 158 Million subscribers, 356 Million monthly subscribers, 70 Million plus tracks, 2.6 Million plus podcasts and 4 Billion plus playlists as of 31st March, 2021. Some of the benefits about Spotify are listed below.
- Can download thousands of songs and podcasts
After upgrading to a premium plan, Spotify allows the users to download about 10,000 songs and podcasts each on five compatible devices.
- Shows good compatibility
Both Spotify free and subscribed members can have access to the app on different platforms like Android and IPhone device, windows and Mac. It is also available as Spotify web across all the platforms.
- Spotify free
For those users who don’t want to pay a premium, they can also use the Spotify app without any paid subscription. They can listen to songs, playlists, albums and artists.
Users can have access to Spotify free using an app or website.
- Can share music experience
If the user has a Facebook account then they can connect their Facebook account with Spotify, so that their friends and families will be able to see your music experience directly. Users can even share their favorite songs or podcasts.
- Convenient to use
Users can use the Spotify app anywhere easily. To use the app, the user just has to register their login details, then an OTP is sent on the registered number and your app is ready to play music. Spotify also allows its users to create their own playlists. Moreover, due to partnership between Spotify and Facebook, now users can use Spotify using their Facebook username.