Music Business News: Sweden

Nearly 40,000 tracks are now being added to Spotify every single day

That's the equivalent of 280,000 songs a week, or around 1.2 million tracks per calendar month.

Spotify now has 100m paying subscribers, up 32% year-on-year

Average Spotify subscriber across the world (ARPU) is paying €4.71, roughly flat year-on-year

Spotify is getting into sports with new podcasting drive

The successful candidate expected to help establish "Spotify’s presence and voice in the [sports] category".

Sample licensing startup Tracklib adds two ex-Spotify execs to Advisory Board

Tracklib claims to be the first service to offer 'legal, affordable samples at scale'

Spotify paid $343m for podcasting companies Gimlet Media and Anchor

SEC filing reveals that Spotify spent €300m on the pair of companies

5 of Spotify’s biggest imminent challenges in 2019

The key issues Daniel Ek and his team have to face down over the next 10 months

Spotify hit 96m paying subscribers in 2018 – and just posted its first ever operating profit

Firm predicts that subscriber count will reach approximately 122m by end of 2019

Warner Music Sweden appoints Niklas Twetman as Marketing Director

Twetman joins the company from Universal Music Group