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Spotify changes the music industry

Spotify is founded in April 2006 by Swedes Daniel Ek and Martin Lorentzon. It's a brand new streaming service for music, available in a free version with commercials, or as a paid, commercial-free version.

Initially launched as an application for the computer, it is now available for smart phones and in a web browser.

Spotify has 140 million users. In Sweden, Spotify dominates the music streaming industry, and two thirds of all Swedes use Spotify.