A new study shows digital music becoming a $12.2 billion industry by 2016, topping physical sales. This story first appeared in the Dec 6. issue of The Hollywood Reporter magazine . Savvy investors are jumping into the stream. According to ... FULL ARTICLE AT Hollywood Reporter
Despite stiff competition from other popular music streaming services, Spotify has held its own since its release in 2008. The Wall Street Journal reports that Spotify raised $250 million in its latest round of funding, bringing the total value of ... FULL ARTICLE AT BGR
The seeds that grew into Spotify were planted 10 years ago, when the Swedish government all but announced that they weren't prosecuting file-sharers who had pulled the rug out from under music sales and decimated the local and later ... FULL ARTICLE AT hypebot
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Daniel Ek (born 21 February 1983) is a Swedish entrepreneur and a technologist who started the music streaming service Spotify.
He founded his first company in 1997 at the age of 14. His ventures have included the founding of Advertigo, the advertising company acquired by TradeDoubler and has been a part of the Nordic auction company Tradera (acquired by Ebay) and Evertigo.
Daniel's previous jobs... Full Article At Wikipedia.org