Spotify Relocating Its US Headquarters

Spotify is set to move its USA headquarters to 4 World Trade Center early next year, creating 1,000 new jobs with its expanded office space, Gov. Andrew Cuomo announced Wednesday.

Andrew Cuomo looks on during a press conference to announce that Spotify will move an office to 4 World Trade Center in the Financial District, Feb. 15, 2017 in New York City.

According to Gutierrez, Spotify most of the new jobs Spotify is adding-which are said to number over 1,000-on will be in the fields of marketing and engineering.

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Spotify's new office will take over a positively enormous 378,000 square feet within the skyscraper, and is expected to open in 2018. "New York gives us access to the most diverse talent market in the world and we're incredibly excited to build out our new space at 4 WTC".

The World Trade Center's newest tenant is poised to make some noise.

Gutierrez said the new positions would include engineers, marketers, analysts and other tech-related jobs. The Swedish music streaming service, founded in 2006, is one of Europe's most highly valued venture-backed startups.

Spotify is moving to the city that never sleeps. "It's also big news as it means leasing at 4 WTC is now complete. Along with the concentration of media firms already here, and the forthcoming Performing Arts Center, Spotify's move is going to jump-start the growth of a vibrant local entertainment scene in Lower Manhattan". Spotify now boasts the industry's biggest paid subscriber base at 40 million paid users.

ESD has also offered similar credits to other tech companies, including Snapchat and Etsy, to retain talent and expand across NY.

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