Spotify’s £16.66m Loss In 2009 – A Rumoured U.S. Launch Is Now Imperative

Music blog Musically has jumped on the new accounts of Spotify’s UK Limited company to reveal some interesting figures, to say the least. The accounts also reveal that at the end of 2009, Spotify’s parent company Spotify Technology SA was negotiating further funding.
The most interesting stat, to me at least is that Spotify started 2009 with around one million users and ended with seven million users across Europe, of whom over 250,000 were paid-up subscribers. That is a sevenfold

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