Spotify CEO Daniel Ek announced at a press event in New York City on Thursday that the company’s music streaming service has more than 5 million paid subscribers and 20 million active users worldwide, TheNextWeb reported. The latest numbers are an increase from July when the company said it had only 4 million paying members and 15 million active users. Ek noted that Spotify has been “growing like crazy” and that 1 million paid subscribers are located in the United States. As of today, the company has paid out more than $500 million to copyright holders and its users have created more than 1 billion playlists, 4 million of which have been titled “Love,” that have streamed 80% of Spotify’s music catalog. Earlier reports indicated that the music streaming service wasn’t living up to its hype since arriving in the U.S., although the most recent numbers seem to counter that argument. The biggest news of the day wasn’t the statistics, however. Spotify also announced that anti-sharing rock band Metallica will be joining the platform and making its music available for streaming.
Spotify’s music streaming service is now enjoyed by more than 15 million active users globally, including more than 4 million paying subscribers, according to The Next Web. The news was announced at the Global Business Summit on Creative Content in London on Tuesday by Spotify’s chief content officer and U.S. managing director, Ken Parks, and comes shortly after the company released an update that added free streaming radio for the company’s Android app. Earlier this year, Spotify revealed that more than 20%, or 3 million, of its active users paid for premium monthly access. Despite the milestone, the service still falls short of rival Pandora (P), which recently surpassed 150 million users. More →
Spotify on Tuesday announced an update to the company’s popular Android app that adds the free custom radio feature that was previously only available for iOS and desktop users. The service is available for both free and premium Spotify users, and allows for unlimited streaming of artist, song, playlist or album-based radio stations to compatible Android devices. Of note, when users hear a song they enjoy and rate it with a thumbs up, the song will be saved to a “Liked from Radio” playlist on their phone desktop for easy access. The Spotify app is available now for free in Google’s (GOOG) Play store.
Digital music streaming company Spotify is reportedly now the No.2 source of revenue for major music labels. The report comes from Business Insider and cites an anonymous source, who claims that while revenue earned by major labels from Spotify is nowhere near that of iTunes, it has catapulted ahead of competitors since launching in the United States last summer. An estimated 23 million people used Spotify’s streaming music service last month, which is available for free with advertising breaks or at two paid subscription levels that each offer ad-free music streaming. Spotify recently brought its new radio service to its iPhone and iPad app, allowing users to create artist, song or playlist-based streaming radio stations similar to those offered by rival Pandora. The move is seen by some as a potentially significant blow to Pandora, and the company’s stock has taken a hit recently as a result. More →
Spotify on Tuesday announced the addition of free mobile radio to the company’s popular Spotify app for the iPhone, iPad and iPod touch. Spotify’s radio features were previously only available to desktop users, however free and premium Spotify users can now stream limitless artist, song, playlist or album-based radio stations to Apple’s iOS devices. “Our focus has always been on creating an amazing user experience,” said Spotify VP of product, Charlie Hellman. “The radio feature we’ve added to our iPhone and iPad apps gives users the ability to discover, listen and save what they like on the go – all within one app – for free.” Spotify’s full press release follows below, and Spotify’s app is available for free in the iOS App Store. More →
Spotify on Tuesday announced that an overhauled version of its Android application is now available for download in the Google Play marketplace. The updated Spotify app has been rewritten with full support for Android 4 Ice Cream Sandwich and it adds a host of new features including slide-out navigation, a new home screen widget, new sharing social features, 320Kbps streaming support and Last.fm scrobbling. “For all our Android users, this Spotify update is a huge leap forward. We’ve rebuilt it from top to bottom, making it faster, slicker and much better looking,” Spotify VP of products Gustav Södertröm said. “The feedback we got from the preview we released a few weeks back was really positive. We wanted to give our users something special – we really hope you like it.” Spotify’s full press release follows below. More →
According to CEO Joe Kennedy, Pandora has surpassed 150 million users in the United States and is the second most downloaded app in the history of Apple’s App Store, CNET reported on Wednesday. The Internet radio service has big plans for the future and is working with automakers to integrate the service into virtually all future vehicles. “We truly believe this is just the beginning,” Kennedy said at the CTIA Wireless trade show in New Orleans. Over the past year, the company has faced increased competition from streaming service Spotify, however it doesn’t seem to have affected Pandora’s continued growth. More →
Spotify on Tuesday announced that its highly anticipated iPad application is now available for download in Apple’s App Store. The free app allows premium Spotify subscribers to access the company’s huge portfolio of music, stream tracks and playlists, and share songs. The new Spotify iPad app also features gapless playback, a crossfade function and AirPlay integration, allowing users to stream music wirelessly from the iPad to AirPlay-compatible devices. Spotify’s full press release follows below along with a video. More →
Web-based streaming music provider Spotify is reportedly preparing to launch a new service that will add new radio and content discovery elements to its portfolio. Citing multiple unnamed sources, Bloomberg on Thursday reported that Spotify is developing a new online radio service that will compete directly with Pandora. Due to launch by the end of this year, the ad-supported service will allow users to stream unlimited music through Spotify’s software, and the service may launch with new music content that is not currently available to Spotify customers. It is unclear exactly how the new offering will differ from Spotify Radio, which was unveiled late last year as an artist-based streaming radio service available for free to all Spotify users. The company’s current core product allows Spotify’s 10 million users to stream music from its online catalog in an iTunes-like player that also allows subscribers to search for content, create playlists and share content with friends. More →
Kickstarter is filled with some brilliant, some not-so-brilliant and some very strange ideas, and if user interest is any indication, the Pebble ePaper smartwatch can likely be filed under brilliant. Allerta, the company behind the product, opened a Kickstarter page less than a week ago and has already become the most funded project of all time on the site, which allows users to make small and large donations toward projects they want to back. The company’s initial goal was to raise $100,000, however in the past six days the project has accumulated a whopping $3.6 million in funding. Read on for more. More →
While Spotify offers a native iPhone app, the company still doesn’t offer one for Apple’s iPad. According to a photo recently published to the web, however, that may soon change. A Swedish technology consultant posted the first image of what is said to be a beta version of Spotify’s official iPad app. The image was posted on Instagram and it featured the caption, “It’s getting closer!” The image has since been removed, but not before it began to spread across various tech blogs. Spotify on Friday sent out press invitations for a special announcement event in New York City. Could the event be for an iPad app? Perhaps, although a press conference dedicated solely to an app seems unlikely. Earlier reports indicated that the music streaming company may announce brand partnerships that will allow app and playlist recommendations from companies in an effort to make the platform more attractive to advertisers. More →
Spotify on Friday sent out press invites for a special announcement in New York City on April 18th. It’s not entirely clear what the event might cover, although recent reports have indicated the music streaming service may allow app and playlist recommendations from various brands in an effort to make the platform more attractive to advertisers. The company previously held a press event in November to announce its embedded applications platform.
Spotify is the darling of tech blogs, but the overwhelming media hype leading up to the service’s U.S. launch has seemingly not carried over to end users. According to a recent report from the New York Post, paid subscriber growth in the U.S. has failed to meet expectations thus far. Spotify launched stateside roughly nine months ago and the service amassed 250,000 paid subscribers in its first three months. According to the Post, Spotify is now home to 3 million users in the U.S., but only 600,000 are paying either $4.99 or $9.99 per month for premium service while the remaining 80% enjoy free basic service. “People aren’t 100 percent happy,” the Post’s source said, noting that Spotify plans to remove the limit of five plays per month on individual songs for free subscribers in an effort to bolster user loyalty.