It’s not every day that writing about music apps means discussing a $2.6 billion initial public offering. Pandora’s IPO valued the company, whose customizable streaming radio service is used by approximately one out of every ten Americans, at $2.6 billion dollars, or $16 per share under the symbol “P.” As the chart above shows (via Google,…
In what is almost certainly a move designed to satisfy record labels that Spotify isn’t a substitute for buying tunes, the wildly-popular European music service has further restricted what its users can hear using its free version. Now, a new question has emerged about Spotify: If it ever does launch here, will it still be worth using?…
The Spotify freemium music service, which lets users listen to pretty much anything they want for up to 20 hours per month for free, has been mostly tight-lipped about its reported U.S. launch later this year — understandably so, considering that its CEO Daniel Ek said as early as 2009 that Spotify was hoping to…
Well, it finally happened: Spotify has reportedly inked a deal with Sony Music Entertainment to start offering its wildly-popular freemium music subscription in the United States for the first time. After years of anticipation and months of strong hinting, news that the Swedish music service convinced at least one major label to sign on to its…
