Spotify is a music streaming service developed by Swedish company Spotify Technology, which is headquartered in Stockholm, Sweden. They launched their service on 7 October 2008. As of 20 August, 2018, it is available in 65 regions. It provides DRM-protected content from record labels and media companies. Spotify is a freemium service; basic features are free with advertisements or limitations, while additional features, such as improved streaming quality and music downloads, are offered via paid subscriptions.