According to this story: http://www.theregister.co.uk/2009/05/18/spotify/
Spotify is largely owned by the music industry 30%+ and the suggestion is from the article that it is not there to make money. Having used it I cannot really understand how they intend to make money from it as the free service works well and the advertising is very unobtrusive, to the point which you wonder about its value to generate revenue....
Will be interesting to see if and how this changes with the new rates...
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According to this story: http://www.theregister.co.uk/2009/05/18/spotify/ Spotify is largely owned by the music industry 30%+ and the suggestion is from the article that it is not there to make money. Having used it I cannot really understand how they intend to make money from it as the free service works well and the advertising is very unobtrusive, to the point which you wonder about its value to generate revenue.... Will be interesting to see if and how this changes with the new rates...