“Playing down the threat to his business from the world’s most valuable company, the founder of music streaming service Spotify said the industry was big enough for several players and his firm did not have to be number one,” Sven Nordenstam reports for Reuters.
“‘To me it is enough to be among the top three,’ Daniel Ek told Swedish business daily Dagens Industri in an interview published on Thursday, his first since Apple launched its streaming service in an industry packed with competition,” Nordenstam reports. “‘But right now we have an advantage of being the number one in music,’ said Ek, who is also Spotify’s chief executive, adding his ambition was to keep that position.”
MacDailyNews Take: Uh ok.
Nordenstam reports, “In an apparent response to the launch of the Apple Music service, Spotify posted a note of thanks to its clients on its blog on Wednesday, saying it now had more than 20 million subscribers and more than 75 million active users, roughly double the numbers a year ago.”
MacDailyNews Take: Just 20 million paying customer? Pfft.
Apple Music launches in over 100 countries in nineteen days.
Full article here.
MacDailyNews Take: From denial (“Oh ok”) to acceptance in just three days. Congrats on getting to the fifth stage of grief so quickly, Danny boy!
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