Spotify is a music streaming platform developed by Swedish company Spotify Technology, headquartered in Stockholm, Sweden and listed on the NYSE. Spotify launched their service on 7 October 2008. As of 14 November 2018, it is available in 78 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. Spotify is available in most of Europe, most of the Americas, Australia, New Zealand, South Africa, Middle East, and parts of Asia. Music can be browsed through or searched for by parameters such as artist, album, genre, playlist, or record label. Users can create, edit, and share playlists and tracks on social media, and make playlists with other users. Spotify provides access to more than 40 million songs. As of November 2018, it had 191 million monthly active users, including 87 million paying subscribers.