Music Business News: Sweden

Spotify tops 100m active users – but can it keep up its conversion rate?

End of year figures for 2015 showed a 31.5% conversion rate into premium

Johnny Tennander takes charge at Sony/ATV Scandinavia as Patrik Sventelius exits

Tennander will continue his role as Senior Vice President A&R Europe

Spotify’s average subscriber paid 5% less last year – but premium conversion grew 7%

The average subscriber was paying $0.28 less a month - but 31.5% of users subscribed

Warner Music Group acquires Swedish playlisting firm X5 Music

Company specialises in digital compilation creation

Spotify must watch its spending if it wants sympathy from the music biz

The average Spotify employee is paid $107k a year. Is that lean enough for labels?

Spotify’s big bet to increase ad revenues: selling playlists to brands

Kia, McDonald's and Target have all snapped up deals in beta

Spotify revenues topped $2bn last year as losses hit $194m

Payouts to the music business grew 85% to $1.8bn

Spotify’s own playlists are paying out $1m a day to the music business

A billion streams a week taking place on the likes of Today's Top Hits