Spotify - 20 Million Reasons to Say Thanks

What a difference a year makes! At the end of May 2014, we reached 10 million paying subscribers and 40 million active users. Today, we have reached more than 20 million subscribers and more than 75 million active users. 10 million subscribers in our first five and a half years – and another 10 million subscribers in just a single year! That’s an average of one new subscriber every three seconds over the last year...

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..