IFPI digital report: Streaming subs hit boom period, but piracy still bites hard

Paying subscribers of streaming services hit 13.4 million in the year, according to the IFPI's new Digital Music Report 2012 - up from 8.2 million in 2010.

Spotify reports it has 2.5 million paying subscribers worldwide, including over 400,000 in the US market since its launch there in July - and that it sees its expansion in the US as a springboard to international markets.

Ken Parks, chief content officer, says: "We were very focused on how Spotify, which had ...

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