Off the mark with Spotify revenues

Last year, I did a back of the envelope estimate of revenues for Spotify for 2010 at $134 million, of which $80 million came from subscriptions and rest from advertising. It's time for a mea culpa: I blew it. Here are the updated numbers.…

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I wonder how other music services are feeling today

Music services such as MOG, Rhapsody and others were expected to be part of the big Facebook re-launch. They were, except as an afterthought. Somewhat predictably, Mark Zuckerberg brought the CEO of Spotify on stage while competitors were relegated to little icons on a single slide.…

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More Details About Spotify's New Money

Spotify, one of my favorite new companies, is getting more money. Earlier today, Michael Arrington reported that he had heard from multiple sources that the Founders Fund has invested in the fast-growing European startup.…

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