In this photo illustration, the logo of the Swedish music streaming service Spotify is displayed on the screen of an iPhone on Jan. 6, 2017 in Paris. On Wednesday Spotify announced the company will go public.

Streaming service Spotify announced Wednesday its plan to go public, CNBC reported. The company will begin trading on the New York Stock Exchange under the ticker name SPOT. According to the company, shares...

Photo Credit: Chesnot/Getty Images, File