Swedish music streaming leader Spotify has agreed to set up a $43.45 million fund to settle a potentially costly pair of US copyright lawsuits from artists, lawyers said.
Spotify, the world's largest music streaming company, is considering registering its shares directly on a stock market instead of an initial public offering (IPO), the Wall Street Journal reports.
Online music giant Spotify said on Thursday it is launching a streaming service in Japan with a karaoke twist. The country is the world's second-biggest music market but one still dominated by compact discs.
Sweden's most famous startup has raised one billion dollars in loans to defend itself against competition, according to reports swirling in the Swedish and global media.
A 25-year-old suspect behind a popular Swedish film-streaming site which was shut down last summer after police raided the home of one of its Swedish creators has been arrested.
What was your summer anthem? Swedish teenager Zara Larsson's track 'Lush Life' was the most played on Spotify across Sweden, the streaming site has revealed.
A popular Swedish film-streaming site has announced that it will shut down after police arrested and searched the home of one of the site’s administrators.
Nordic telecom operator TeliaSonera has bought a 1.4 percent stake in music streamer Spotify, valuing the online music service at more than $8.2 billion.
Sweden's Spotify, the world's leader in music streaming, has confirmed an expansion into video and original content, reaching beyond music as the company faces challenges to its dominance and strives to turn a profit.
Sweden's Spotify, the world leader in music streaming, announced on Friday it had tripled its losses in 2014 due to heavy investments, as US media reported the group would soon begin streaming videos.
Music and video streaming sites such as the BBC iPlayer, could become legally available for expats living in Sweden and elsewhere in Europe if EU officials get their way, while more Swedish media content may become accessible to foreigners.
Users of illegal movie and television series streaming sites in Sweden including Popcorn Time are set to be tracked by a Danish lawfirm representing "major Hollywood companies" and could face fines of around 2000 SEK ($231).
Hip hop artist Shawn Carter - better known as Jay-Z - has bought Scandinavian music steaming service Wimp and its parent company Aspiro, despite earlier claims that the bid had been blocked.
Project Panther, an enterprise linked to American hip hop artist Shawn Carter - better known as Jay-Z- is expected to take over Scandinavian-based digital music firm Aspiro, one of Spotify's biggest rivals.
Swedish music streamer Spotify will provide the soundtrack for Sony devices, the two companies have announced, spelling the end to the streaming music service from the Japanese tech giant that invented the Walkman.
