Spotify boasts 250k paid subscribers

26 January 2010 — 3:28 PM

Seven million people in six European countries are using the music streaming service Spotify, it has been revealed.

Around 95 per cent use the free Spotify service which is funded by adverts which are played in between songs.

Approximately 250,000 of these subscribers have signed up to the premium service, costing £9.99 per month and allowing fans to listen to music on their mobile phone without interruption from adverts and promising better sound quality.

Spotify founder Daniel Ek said that this is "the first time the number of subscribers has grown this dramatically, probably in the history of subscription".

Consumers may be tempted to recycle their used phones in order to receive cash to put towards an iPhone, Android or Symbian handset and access the music software.

Vodafone UK recently reported that it has sold 100,000 Apple iPhones since it was made available to users of the network on January 14th.

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