Category Archives: News

Spotify on the brink of securing $50m investment

The Financial Times (London) reveals that big investment Spotify wanted a few weeks back is almost sorted: The Li Ka Shing Foundation, the Hong Kong tycoon’s charitable arm; Wellington Partners, London-based venture capitalists, and others are closing in on a total investment of up to $50m, a bigger amount than expected that values Spotify at $250m [...]
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Spotify iPhone app release “within days”

It’s almost here! From BBC News: The Swedish music streaming service Spotify is planning to launch its first mobile application within days. The company has submitted the application to Apple’s iTunes App Store for its approval. If given clearance, Spotify’s service will then be available for users to download onto iPhones. Great! A post on the BBC’’s dot.life blog [...]
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Spotify in America: what we know so far

Have you heard? Spotify is heading to the US! Of course you’ve heard. It’s everywhere. To save you the effort of going through the waffle, here’s a little round up of  what we know so far. The original story (I believe), came from the Observer: The online music streaming service Spotify, which has more than two million users [...]
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Spotify to go Stateside later this year

This news has been knocking around for a bit – but it looks like Spotify’s move to the States is gaining traction. From the Observer: On a visit to New York, Spotify’s co-founder, Daniel Ek, told the Observer that he was hiring employees and seeking office space for a launch in the US in the “third [...]
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Spotify founder Daniel Ek makes Guardian top media list

Every year, the Guardian’s Media supplement publish a whopping great list of 100 influential people in the media. Spotify founder Daniel Ek makes a surprise entry in at number 28. From the Guardian: Daniel Ek is co-founder and chief executive of Spotify, the online jukebox that has been hailed as a potential saviour of the music [...]
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Microsoft to launch Spotify rival this month

Enough to make Daniel Ek and co quake in their Suitopia suits: Microsoft are launching their own streaming music service, and it could be out as early as this month. From the Telegraph: Peter Bale, executive producer of MSN, Microsoft’s news and entertainment portal, told The Telegraph exclusively: “Music is an important area for Microsoft. We are [...]
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Spotify teams up with Sky for Ashes advertising deal

At last, an inventive advertising idea which utilises Spotify to its full potential. From Media Week: Sky has struck a deal with music-streaming service Spotify to promote the pay-TV broadcaster’s online coverage of the upcoming Ashes series via Sky Player, with regular test updates throughout the series. In a first for Spotify, which confirmed its UK users [...]
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Wanted: £30 million to fund Spotify

The Guardian – via its partner, PaidContent – reports that Spotify is looking for £30 million worth of funding. It quotes a line from The Times which states: Music streaming website Spotify is trying to drum up a valuation of close to £200m as it seeks new investment of between £20m and £30m. The Guardian article [...]
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Chris Anderson’s ‘Free’ becomes first audiobook on Spotify

They’re nothing if not quick, those Spotify folk. Just last week we had news that they were looking at audiobooks, and now the first has been released. From the official Spotify blog: Starting today Chris’ new book, Free: The Future of a Radical Price, will be made available to all UK users. Personally narrated by Anderson, Free [...]
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Spotify to get its first audiobook

From Bookseller.com: Spotify is to launch an abridged audio version of the book in the UK as its first ever audio book gratis. The online music service, which gives users the ability to stream full-length tracks on demand rather than downloading tracks to a hard drive, uses a “freemium” business model.  Spotify will also deliver over [...]
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