
Stockholm: Music streaming web service Spotify said it was expanding into Asia and Latin America, announcing plans to launch in eight new countries as it attempts to catch up with larger rival Pandora Media Inc and keep ahead of new entrants to the sector.
Unlisted Spotify, which has about 24 million "active" users - those who have used it in the last 30 days - and 6 million paying subscribers, said it would now offer its services in 28 markets worldwide.
"We're taking our first steps in Latin America with Mexico, and Asia with Hong Kong, Malaysia, and Singapore," the company said on its blog page on Tuesday. "Plus we're thrilled to make new friends in Estonia, Latvia, Lithuania and Iceland."
Stockholm-based Spotify already offers services in the United States, most of Europe, Australia and New Zealand....
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05:48 PM, Apr 16, 2013

Los Angeles: Radio station giant Clear Channel Communications Inc. is revamping its website and mobile products to imitate the personalized music offerings at Pandora, an online service that is growing in popularity. Bob Pittman, chairman of media and entertainment platforms for Clear Channel, said the success of Pandora Media Inc. proves that people like being able to stream songs according to their personal tastes on mobile devices. Clear Channel plans...

08:30 AM, Jul 13, 2011