Spotify, which is based in Stockholm and went public in April 2018 , charges $10 a month for its "premium" ad-free music service. Apple has become Spotify's primary rival since the tech giant launched its own music streaming service in 2015. Pandora, YouTube, IHeartRadio, Google, Amazon and others also offer music streaming and podcasts. In a blog post Wednesday, Ek said that Spotify has become the second-biggest podcasting platform in less than two years. Spotify has already produced some original podcasts, including one series with comedian Amy Schumer and another with rapper and broadcaster Joe Budden.

Source: ABC News February 06, 2019 13:39 UTC