Scandinavian Newspaper giant Schibsted to acquire streaming service Aspiro Streaming service Aspiro (WiMP) is to be acquired by Scandinavian news publisher Schibsted, reports paidContent . The price tag is said to be around $50 million, and the purpose of the acquisition is, writes paidContent to “compete with Spotify on the global stage”. Schibsted, a newspaper […]
Spotify changes to free cause commotion This week Spotify announced changes to their free plan. Reactions have been split between two extremes that can be summed up as: 1. Pay up and shut up you spoiled brats. It’s hardly expensive, is it? 2. I hate you Spotify. I hate you, I hate you I hate […]
100 million USD funding round puts Spotify at 1 billion USD valuation Reports and rumours of Spotify’s recent fundraising endeavours have circled the Internet this week. Word is that Spotify is raising over 100 million USD. The deal is led by Russian venture firm DST, who has previous investments in Facebook, Groupon and Zynga. Over […]
Apple App rules upset the industry Apple introduced their new in-app subscription service this week, which have caused a lot of commotion in the industry. Basically, Apple says that if you want to charge users for subscriptions using the in-app service, you will have to give Apple a 30% cut. Apple still allows for developers […]