Los Angeles – European streaming music service Spotify now
counts nearly 650,000 paying subscribers out of 10 million total users, up from
some 500,000 reported in July, Digital Music News reported, citing sources. Of
the 650,000, 90% are reportedly paying for the top subscription tier price of
10 euros per month, with the remaining 10% paying 5 euro. The company has been
negotiating with the major labels for some time on a prospective U.S. launch.
Related Links:
http://tinyurl.com/33obq (Digital Music News)
