Spotify deals for an interest in going public, Spotify announced that artists will be able to make albums temporarily exclusive to the Premium service if they are part of Universal Music Group or Merlin Network. On 28 February 2018, Spotify filed for a direct listing on the New York Stock Exchange. Spotify's shares began trading on 3 April 2018. Spotify operates under a freemium business model (basic services are free, while additional features are offered via paid subscriptions). Spotify generates revenues by selling premium streaming subscriptions to users and advertising placements to third parties. In December 2013, the company launched a
OIL (incorporations and corporate services) OIL (incorporations and corporate services) In 2017 OIL rebranded as Vistra, becoming part of the Company Formation division. Vistra provides a broad range of services and solutions. Vistra employs over 3000 employees in 73 offices across 44 jurisdictions. OIL was established in Hong Kong 1986 and quickly grew its service offerings and expanded its geographic coverage. In 2011 OIL merged with Vistra before completely rebranding to Vistra in 2017. The Offshore 2020 was annual market research conducted by OIL. The research focused on the key trends and future developments of the offshore and related industries, and reviewed issues such as