Spotify coming to Dublin would be music to internet industry's ears
Digital music player Spotify is understood to be considering Dublin as a potential location for an operations centre, sources say.
Well-placed sources say Spotify personnel were on a fact-finding mission to Dublin recently, checking out the city, and are believed to have held meetings with senior managers of other top internet companies based in the city to find out about the "Irish experience."
Dublin is home to an increasing array of top digital companies' international headquarters, including Google, Facebook, Zynga, Gilt Group and LinkedIn.
Last year, Twitter confirmed plans to locate its international headquarters in the city.
Spotify originated in Sweden and has set the standard for a new generation of online music services and counts more than 20m monthly users.
Subscribers can listen to unl.imited amounts of music via their PCs, Macs, iPads, iPhones, Android devices and more. The company generates its revenues via subscriptions and advertising and last September revealed an integration deal with Facebook's Timeline.
The service has yet to be launched in the Republic of Ireland.
Investment agency IDA Ireland would not be drawn on the matter.
“IDA is actively involved in discussions with a number of potential clients at any given time and we cannot comment on speculation about specific companies," a spokesperson said.
Yesterday, international magazine Site Select listed Ireland as the best location to invest in Western Europe and listed Dublin as the best metro location to invest in.