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 Slacker A slacker is a person who habitually avoids work or lacks work ethic. According to different sources, the term "slacker" dates back to about 1790 or 1898. It gained some recognition during the British Gezira Scheme in the early to mid 20th century, when Sudanese labourers protested their relative powerlessness by working lethargically, a form of protest known as "slacking". In the United States during World War I, the word "slacker" was commonly used to describe someone who was not participating in the war effort, especially someone who avoided military service, an equivalent of the later term "draft dodger".