Spotify 'will eventually make more money for labels than iTunes across Europe'

Spotify has added a million active UK users in just four months - as it claims it is “only a matter of time” before it starts making labels more money than iTunes.

The company has not announced an update to its user numbers since March 2013, when it said that it had six million paying subscribers and 24 million registered listeners. But it’s obviously feeling confident about its next update.

Kevin Brown, Spotify’s head of label relations (Europe), told Music ...

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