These services have always been controversial as they discouraged users to buy music. Their objective was to convert the free users to the £10 a month ad-free subscription.īefore the concept of streaming services came, most people used file-sharing sites like LimeWire, Napster, and The Pirate Bay to download music. Initially, the platform offered free music streaming services with advertisements. ![]() The Spotify that we know today was launched 2 years later. So they developed the platform in 2006 that could be the answer to that problem. They were very much concerned with the never-ending piracy issue in the music industry at that time. Spotify was founded by IT engineer Daniel Ek and entrepreneur Martin Lorentzon as a small start-up in Stockholm, Sweden. Let’s find out how the company has become the biggest streaming platform in the world so quickly: It has a user base of 159 million with a collection of 35 million tracks.įounded in 2008, the Swedish company has grown tremendously over the years. Picture from Spotify Newsroom Spotify is currently used by 61 countries in the world.
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