Things might not exactly be returning to normal, but the record business can take some comfort in the fact that the long industry-wide slide appears to have reached ground level, as the RIAA reported…
After a banner year, expect music streaming service Spotify to continue being the most alluring and uncertain X-factor in the digital music arena.
Music streaming site Spotify has surpassed 5 million paying subscribers, with a million of them in the U.S., the company announced at a splashy press conference in New York today.
Music streaming service Spotify has completed a funding round raising around $100 million in investment, a source close to negotiations confirms, bringing its overall valuation to around $3 billion.
A little over a year after it launched in the U.S., music streaming service Spotify unveiled updated listener numbers on Tuesday, revealing that its paid subscriber base has surpassed 4 million.