Buying music to download? Oh, that’s so 2010

The world of music and entertainment has changed significantly over the last decade or so. Before that, we saw vinyl getting replaced by CD’s and then MP3’s. In the last decade people have switched from traditional brick-and-mortar shops to downloading tunes online.

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However, streaming music services like Spotify have gained a huge amount of customers. Today they’ve reached 10 million premium subscribers. On top of that there’s 40 million active users per month across 56 countries.

Founder and CEO, Daniel Ek, states..

We’ve had an amazing year, growing from 20 markets to 56 as people from around the world embrace streaming. 10 million subscribers is an important milestone for both Spotify and the entire music industry.

We’re widening our lead in the digital music space and will continue to focus on getting everyone in the world to listen to more music.

Figures released by Spotify show that three-quarters use the free service, which has ad-breaks between the music.

Get more details in their press release below.