Changes to Spotify policy

As from May 1st, online music service Spotify is limiting its free service to 10 hours per month, half the time currently offered, and users will only be able to listen to tracks five times. New users will get six months of free content before the changes kick in.

Spotify posts 16 million loss for 2009

The Swedish online music streaming company Spotify has published its 2009 financial accounts, showing total operating losses of £16.4 million during 2009 a net loss rising to £16.66 million after tax.