In an age when Internet companies are struggling to make subscription-based services a success, music service Spotify has something to celebrate. The company announced this week that it now has one million paying subscribers.
"It's a testament to our fantastic users who continue to support us and spread the Spotify word, either by telling friends or sharing some of the 200 million playlists that you've put together so far," the company wrote in a blog post.
Spotify launched in October 2008 and reached 1 million users by March 2009. The service's features, however, have now prompted at least 1 million users to upgrade to Spotify's premium services.
Sirius XM, in a valiant effort to stay afloat, is launching an app for iPhone and iPod touch users to access the satellite radio service. Expected out in Q2, no extra equipment is needed to access the content for new subscribers. Although no specific price was mentioned, the company said it would be available to their 19 million regular subscribers as well as the 7 million U.S. iPhone users. This is good news for the beleaguered company since it has lost sales from automobiles and those who just cannot afford the luxury of the music service.
Read More | Reuters
Comcast has decided to change its users agreement so that as of Oct. 1, users will only be allowed 250GB per month. This means you can still download about 4 standard def movies per day.
“We know from experience the vast majority of customers we ask to curb usage do so voluntarily,” the company said. While they already reserve the right to eliminate those who use too much, now subscribers will be contacted by the company, as if we don’t already get enough nasty phone calls and letters.
Read More | USA Today
Mash subscribers received this email message: “Thank you for trying out our Mash Beta service. We hope you had fun with it. Please note that we will shut down Mash on September 29, 2008. As a result, your current profile on Mash will no longer be available.”
So ends Yahoo’s second attempt at social networking, following the former demise of Mixd. One of Mash’s features was that you could create a profile for one of your friends, then ask her/him to customize it. Sounds a little creepy to us. We will now share about a nanosecond of silence to commemorate the loss, and ask Yahoo to stick to what it does best, if they ever figure out what that is.
Read More | Daily Tech
Blackberry devotees, take heart. The Canadian firm Research in Motion claims a net profit of $287.7 million through September 1, as opposed to the same period in 2006, in which they made $140.2 million during the second quarter. The company claims that the jump was due to new global users that helped it beat the 10 million mark, as it added another 1.45 million subscribers. RIM believes that their profits will continue to rise and beat their market targets for the rest of year.
Read More | BBC
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