The streaming-music service, Spotify, which has six million paying subscribers and 20 million active users worldwide, is planning a free, ad-supported version for mobile devices, after previously making mobile users pay a monthly fee.
Myspace debuted a new version of its website and mobile iOS application on Wednesday, aiming to jumpstart the ailing social network back to life. Among the most noteworthy features: Users are able to create personalized radio stations inside the app, streaming music from Myspace’s catalog of 53 million songs.
Spotify AB, the streaming music provider, is preparing to launch in several Asian and Latin American markets to expand beyond the predominantly Western economies it currently operates in, said a person familiar with the plan.
Pandora Media Inc. reported better-than-expected results for the fourth quarter on Thursday afternoon — giving its stock a sharp boost despite the surprise additional news that its CEO plans to step down.