Spotify is a Swedish commercial music streaming, podcast and video service that provides digital rights management–protecte content from record labels and media companies. It is available in most of the Americas, Western Europe, and Oceania. Music can be browsed or searched by artist, album, genre, playlist, or record label. Spotify operates under a freemium business model, with two music streaming tiers: Spotify Free (160kbit/s) and Spotify Premium (up to 320kbit/s). Paid Premium subscriptions remove advertisements, improve audio quality and allow users to download music for offline listening. Spotify was launched in September 2008 by Swedish startup Spotify AB. As of June 2015 Spotify had more than 75 million active users, including about 20 million paid users. The amount of paid subscribers reached 30 million in March 2016. Spotify Ltd. operates as the parent company, headquartered in London,while Spotify AB handles research and development in Stockholm.
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