MASHABLE - Jan 12 - Spotify launched a promotion in early December that offers three months of its Premium service for $0.99 instead of the standard $9.99 a month. The $0.99 offer is available only in the U.S. and represents a small portion of the new paid user growth. Spotify reported that in 2013 it posted $1.03B in revenues and $80M in net losses. Based on the new figures, Spotify could be making as much as $1.8B from its subscription services. Pandora claims 250M registered users and 3.3M paid subscribers.
by Todd Wasserman
See full article at Mashable
