![]() It has no presence in mainland China where the market is dominated by QQ Music. The service is available on most devices, including Windows, macOS, and Linux computers, iOS and Android smartphones and tablets, smart home devices such as the Amazon Echo and Google Nest lines of products, and digital media players like Roku. Unlike physical or download sales, which pay artists a fixed price per song or album sold, Spotify pays royalties based on the number of artist streams as a proportion of total songs streamed. History Daniel Ek addressing Spotify staff in 2010 It distributes approximately 70% of its total revenue to rights holders (often record labels), who then pay artists based on individual agreements. Spotify was founded in 2006 in Stockholm, Sweden, by Daniel Ek, former CTO of Stardoll, and Martin Lorentzon, co-founder of Tradedoubler. According to Ek, the company's title was initially misheard from a name shouted by Lorentzon. ![]() Early international launches Former Spotify headquarters in Stockholm Later they concieved a portmanteau of "spot" and "identify". ![]() In February 2010, Spotify opened public registration for the free service tier in the United Kingdom. ![]()
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