Billboard's take.
http://www.billboard.biz/bbbiz/indus...06580952.story
Quote:
There are a handful of large, global companies that could afford such a price tag. Apple and Google are the two that make the most sense. Both have vast consumer relationships and use digital entertainment to further their core businesses. Apple in particular would give Spotify all the advantages that currently make iTunes so successful. But for $4 billion or more, Apple may be more likely to build than buy.
Short of potential suitors, the other option is an IPO. It's not an unlikely scenario. Napster and Pandora are among the digital music companies to tap the public markets. Spotify could follow in their footsteps if it continues to grow at a torrid pace and keeps its expenses in check. And the market, always in search of the next great Internet stock, could very well big Spotify up to a market capitalization in excess of $4 billion.
|
January, 2010:------------ 250,000 paid subscribers
March 17, 2010:----------- 320,000
July 20, 2010: ---------------- 500,000
December 8, 2010: ------ 750,000
March 8, 2011:--------------- 1,000,000
July 14, 2011: -----------------1,600,000
Sept 21, 2011: ---------------- 2,000,000
Nov 23, 2011: ------------------2,500,000
Jan 26, 2012: -------------------3,000,000
1 mil to 3 mil paying subscribers in a little over 10 months.
Facebook integration
Expansion to Germany, Australia/New Zealand.
