Tuesday, March 08, 2011

Spotify makes the million

Spotify have reached an impressive milestone:

It seems like only yesterday we were hatching ideas for a new music service in a tiny office-cum-apartment with a broken coffee machine, and the party we threw having reached one million users almost two years ago today was one to remember.

So it’s with a sense of real pride and excitement that we can announce a new milestone today, having welcomed our millionth paying subscriber to the service.
Even if you assume that all those subscribers are on the lower tier, that means about five million quid in revenue every month. You almost wonder if they really need to put so much effort in to trying to launch in America.

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