Spotify, who constantly compete with the digital music device big-dog, iTunes, have announced that they have actually overtaken iTunes in terms of monthly revenue within Europe.
When speaking to Music Week, Kevin Brown (the company’s head of relations), said: “Some of our partners are saying Spotify is now generating more revenue each month across Continental Europe than iTunes. Given that download sales are declining and Spotify is growing rapidly, particularly in the UK, it is only a matter of time before Spotify is bigger than iTunes across Europe as a whole”.
Also, as a result of Vodafone and The Sunday Times joining up to form partnerships with Spotify, it is believed that over a million new UK users have started to use the music device over the course of the last 4 months.
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