Spotify Reached 70,000 Paying Subscribers In First Week Of U.S. Launch
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After launching for only about a week in the U.S., Spotify is estimated to have already reached 70,000 paid subscribers. The incredibly popular European-based music streaming service offers both free and paid subscription plans that offer unlimited access to a massive music library including the latest chart toppers as well as more obscure oldies.
The number is an estimate leaked out by music industry execs, but has not been officially confirmed by Spotify. CEO Daniel Ek said it was too early to confirm the data, but did find it to far exceeded their expectations. The 70,000 figure accounts for only the premium $10 per month subscriptions, meaning actual signups are far greater. »read more
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