In December 2013, the company launched a new website, "Spotify for Artists", that explained its business model and revenue data.
) is a Swedish entertainment company founded by Daniel Ek and Martin Lorentzon.
It specializes in music, podcast, and video streaming service that launched on 7 October 2008. It provides DRM-protected content from record labels and media companies.
BBC Music Week editor Tim Ingham wrote: "Unlike buying a CD or download, streaming is not a one-off payment.
Hundreds of millions of streams of tracks are happening each and every day, which quickly multiplies the potential revenues on offer – and is a constant long-term source of income for artists." In March 2014, Spotify introduced a new, discounted Premium subscription tier for active students.
In April 2017, as part of its efforts to renegotiate license deals for an interest in going public, Spotify announced that artists will be able to make albums temporarily exclusive to the Premium service if they are part of Universal Music Group and Merlin Network.
On 28 February 2018, Spotify filed for direct listing on the New York Stock Exchange.
The updates we are making are designed to make it clearer how we collect, store and use your personal data, as well as your rights relating to your data.
In our updated policies, you'll find information on: Along with our policy updates, we are also making it easier for you to be in charge of what communication you receive and how you hear from us.
From May 25, 2018, access to some of Moneycontrol’s services across website, mobile app and other platforms will be temporarily unavailable for users in Europe as we continue to make changes to our services in light of the General Data Protection Regulation (GDPR).
During this time, you may not be able to access the Moneycontrol app or your Portfolio, Watchlist and other services on website (desktop, laptop, mobile or WAP) that require you to be logged in.
The security of your data is extremely important to us, and we are invested in ensuring that your personal information is both respected and protected.