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Spotify was founded in 2006 in Stockholm, Sweden, [ 16] by Daniel Ek, former CTO of Stardoll, and Martin Lorentzon, co-founder of Tradedoubler. [ 17][ 18] According to Ek, the company's title was initially misheard from a name shouted by Lorentzon. Later they conceived a portmanteau of "spot" and "identify".
South Korean boy band BTS is the most-streamed group in Spotify's history. [1] The following list contains the most-streamed artists on the audio streaming platform Spotify. As of August 2024, Canadian rapper Drake is the most-streamed artist of all time, with over 100 billion streams. [2] American singer Taylor Swift is the most-streamed ...
Spotify's most streamed song for the longest period of time was "Shape of You" (2017) by the English singer-songwriter Ed Sheeran. Currently, 690 songs have surpassed one billion streams on Spotify, [1] 95 have surpassed two billion, and 13 have surpassed three billion. "Blinding Lights" by the Weeknd is the only song that has surpassed four ...
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Spotify, a music streaming company, has attracted significant criticism since its 2008 launch, mainly over artist compensation. Unlike physical sales or downloads, which pay artists a fixed price per song or album sold, Spotify pays royalties based on the artist's "market share"—the number of streams for their songs as a proportion of total songs streamed on the service.
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