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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". [19]
[10] [6] Lorentzon had previously worked at and co-founded TradeDoubler, which acquired Ek's previous company Advertigo. [11] In October 2008, the company launched its legal music streaming service Spotify. Initially, Spotify ran on a peer-to-peer distribution model, similar to μTorrent, but switched to a server-client model in 2014. [12]
Spotify Sven Hans Martin Lorentzon ( pronounced [ˈmǎʈːɪn ˈlôːrɛnˌsɔn] ; born 1 April 1969) is a Swedish entrepreneur and co-founder of Tradedoubler and Spotify . [ 1 ] From 2013 to 2018 he was on the board of Telia Company .
In 2006, Swedish businessman Daniel Ek and Martin Lorentzon founded Spotify, which first launched in 2008; aiming to create a legal alternative to file sharing platforms such as Napster and Kazaa, the service allowed users to stream songs on-demand using peer-to-peer technology, and would be offered in subscription-based and ad-supported tiers ...
Before he co-founded the Park City Song Summit—originally the Park City Songwriters Festival—in 2019, Ben Anderson was a lawyer for 30 years and a member of the Nashville-based band Aiko ...
In 2009, a friend showed him Spotify, a Swedish music-streaming service, and Parker sent an email to Spotify's founder Daniel Ek. [50] The pair traded emails, and in 2010 Parker invested US$15 million in Spotify.
SoftBank billionaire Masayoshi Son has pledged to invest $100 billion in the US over the next four years. Masa's longtime friend and Yahoo co-founder Jerry Yang weighs in on the pledge.
On 28 September 2016, Spotify announced that it was considering to buy SoundCloud. [27] On 8 December 2016, Spotify was reported to have abandoned its acquisition plans. [28] In February 2019, SoundCloud reported having surpassed 200 million sound tracks, [14] four times as many as Myspace had. Alexander Ljung at Next10 (2010)