Spotify CEO Backs Off on U.S. Launch Date
All that promise of a Spotify launch in the U.S. this year may have been wishful thinking after all. CEO Daniel Ek, speaking at the D:Dive into Mobile conference Tuesday, backed off from a guaranteed 2010 launch, declining to commit to any date for launch.
That of course is counter to the company’s claims all year that a U.S. launch would take place before 2011. At the conference, Ek again cited complexities with licensing music from the major labels as the reason behind the delay. Sources tell Billboard that a deal with Sony is basically done, but that Universal Music Group and Warner Music Group are far from a completed agreement. However Ek also hinted at a “product problem” as well, without getting into detail.
Some details he did offer, however. He said the service will cost $10 a month when it comes to the U.S., and that Spotify will not launch only as a paid service. He added that the free portion of the service is being limited to 20 hours a month. He also said Spotify counts 750,000 paying subscribers across Europe where the service is available.