Music streamer Spotify to expand into Asia, Latam, North Europe

STOCKHOLM (Reuters) - Music streaming web service Spotify said it was expanding into Asia and Latin America, announcing plans to launch in eight new countries as it attempts to catch up with larger rival Pandora Media Inc and keep ahead of new entrants to the sector. Unlisted Spotify, which has about 24 million "active" users - those who have used it in the last 30 days - and 6 million paying subscribers, said it would now offer its services in 28 markets worldwide. ...

via Music News Headlines - Yahoo! News http://news.yahoo.com/music-streamer-spotify-expand-asia-latam-north-europe-111322063.html