Spotify - subscription or free (ad supported) streaming music access (4 Viewers)

http://www.dmwmedia.com/news/2009/08/10/report:-record-labels-paid-$12.4-million-18%25-spotify-stake

the internet said:
Palo Alto, Calif. - Spotify, the European ad-supported streaming music service preparing for a U.S. launch, has sold a 17.3% stake in the company for about $12.4 million to the four major record labels and independent label aggregator Merlin, TechCrunch reported.

The report cites an "unverified capitalization table" obtained from a filing in Luxembourg, where Spotify is based.

The obtained document shows that Sony BMG owns 5.8% of Spotify, compared with 4.8% for Universal Music; 3.8% for Warner Music; 1.9% for EMI; and 1% for Merlin.

Spotify has to date raised about $31 million in venture capital financing, and is reportedly raising another $50 million round at a $250 million valuation.
 
was reading the article thats linked from that link after i posted, theres some sort of confusion as to when the majors got on board, a little above my head in general but two possibilities were mentioned, one that the deal was cut this week, and the other that it was done ages ago for a pittance. from the user end i cant see it making a helluva difference, as downloading is still there when needed. what it mostly means is that they can probably launch proper in america and the ireland soon.
 
here, how is this better than Grooveshark?

+1

Grooveshark is the business. Great quality streams and all flash based so no extra program to install - it works within the browser. Plus no messing with proxies - it works with a direct connection from ireland.

I don't work for Grooveshark btw. I just really like it.
 
Spotify playlist of Pitchfork's top 500 songs of the 2000's:
spotify:user:jrisgod:playlist:7K4gKC0gMk7ZsSYWERY96a

if anyone knows how to stop the combined carachters of : and p turning into :p please let me know and I'll post the link again!
 
Snared!!

==================

Dear Spotify user,

We're writing to you in regards to your Spotify account which up
until now you've been using free of charge. While we are really
happy that you are enthusiastically using Spotify, we are
unfortunately going to have to restrict access to your free
account.

Spotify is currently available in six countries: Sweden, Norway,
Finland, Spain, France and the UK. We never intended to allow
use of our service outside of those countries and we do not run
any adverts on your account like we do in the launch countries.
For this reason we have to restrict your account, you will be
able to log in to Spotify and view music and playlists but not
listen to any music.

We are sorry that we have to take this step. We do hope to
launch our free service in more countries in the future.

If you have any questions regarding this please feel free to
contact our support team. ([email protected])

Regards,
The Spotify team.
 
Just got the same mail here too...

Forgot I had a Spotify account, hadn't logged in in aaaages...


Ah fads, they never last.
 

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