Andre Yoskowitz
6 Sep 2009 20:34
Spotify, the unlimited music streaming service, has gone live today for Android and iPhone/iPod Touch owners, allowing European (so far) users to playback over 8 million songs on their devices, for a 10 euro monthly subscription.
Downloading the free app allows you to play the entire catalog, as well as save playlists for an "offline mode" where the songs can be cached and played back when an Internet connection is not available (subway, plane, etc).
The app was approved by Apple just last week, after a lengthy approval process in which many believed the application would be denied as it might take sales away from Apple's iTunes store.
Spotify has received recent investments from major record labels and is now valued at over $200 million USD. Should the service become a hit in the US when it launches later this year, expect the valuation to increase as well.