Spotify Retreats To Invite-Only In UK
Barence writes "Music streaming service Spotify has been forced to enact tight restrictions on new members in the UK, and revert back to an invite-only system. The company has decided to take drastic action following the release of its iPhone and Android apps earlier this week, which have created 'huge demand in the UK,' according to Spotify. People who don't want to put their hand in their pocket and don't have any friends can sign up to a waiting list instead."
Actually, the big labels are shareholders on Spotify so they do have seen the opportunity.
Shareholders in Spotify on 10/7 2009
Bolag Andel Rosello (Lorentzon) 28,6%
Instructus (Ek) 23,3%
Northzone Ventures 11,9%
Enzymix Systems (F. HagnÃ) 5,8%
Sony BMG 5,8%
Universal Music 4,8%
Warner Music 3,8%
Wellington IV Tech 3,8%
Creandum II LP 3,5%
Swiftic (Strigéus) 2,6%
Creandum II KB 2,4%
EMI 1,9%
Merlin 1,0%
SBH Capital (B. HagnÃ) 0,8%
Also: "The service is not currently available in the United States or Canada. Spotify Founder, Daniel Ek, has expressed a desire to change this. It is expected that Spotify will be available in the United States before the end of 2009.[20]"