Spotify reaches 500k paying subscribers
News: 21st July 2010 by Stef Loukes under Selling & Distributing Your Music

In preparation for its rollout into the American and Japanese markets, Spotify has revealed that it now has 500k paying subscribers - largely in thanks to the function it plays in the mobile sector. Currently a premium subscription costs just £9.99 a month, allowing the user unlimited advert free access to it's services.
Coupled with this, is a really interesting breakdown from Paid Content which shows how Spotify fares up against the competition.
Related Links
http://www.mobile-ent.biz/news/37891/Mobile-helps-Spotify-past-500k-paying-subscribers#after_ad
http://paidcontent.co.uk/table/unlimitedmusic
Tags
spotify, mobile technology, cloud based, digital music