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
Slacker Radio in favor of a new, streamlined design and a simplified logo, now colored orange (as opposed to the black, white and gold colors of the old logo). On 14 December 2014, a redesign and relaunch incorporated a new logo, a red, white, and black color scheme, and a complete UI overhaul for all platforms. Slacker offers traditional genre, specialty, and artist stations pre-programmed by professional DJs while also letting users build entire stations of specific artists. Slacker users can continue to develop any of these stations by rating favorite songs and banning artists or songs. Slacker also allows subscribers to