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In December 2013, the company launched a new website, "Spotify for Artists", that explained its business model and revenue data.

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) 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.

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