Spotify raises $250m at valuation over $4B

Swedish music-streaming company Spotify AB has secured $250 million in new financing led by Silicon Valley firm Technology Crossover Ventures, valuing the company somewhere "north" of $4 billion dollars, according to multiple people familiar with the deal. The latest round of funding comes as Spotify is looking to fuel its global growth strategy..

Spotify Is Having A Good 2012

Revenues Could Reach $500M As It Expands The Digital Music Market.. Spotify will still need to put up big revenue growth numbers to keep the labels happy and make money after paying its own bills. But it’s delivering better than some may have expected. Unlike most music startups in recent years, it could survive the gauntlet of licensing fees and emerge as one of the music companies of the future.. via techcrunch.com

Revenues Could Reach $500M As It Expands The Digital Music Market..

Spotify will still need to put up big revenue growth numbers to keep the labels happy and make money after paying its own bills. But it’s delivering better than some may have expected. Unlike most music startups in recent years, it could survive the gauntlet of licensing fees and emerge as one of the music companies of the future..