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Spotify Eying U.S. Invasion

European music streaming service Spotify is gearing up for a big U.S. invasion. Exactly when that will be, however, remains a question mark. Chief executive Daniel Ek says the service, which debuted in 2008, now has 320,000 paying subscribers, and about 7 million users across countries like the U.K., Sweden and France. In Europe, Spotify offers free, ad-supported access to streaming songs.

A premium version is available for around $15 a month, depending on the exchange rate of each country. Meanwhile, Ek says Spotify's U.S. version might be "slightly different" from its European one, "suggesting the company is still having trouble securing the appropriate rights agreements to bring a free version to the States," notes Digital Beat.

Read the whole story at Digital Beat »

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