Spotify coming to Ireland soon?

26 Mar 2012

Online music service Spotify is reportedly on its way to Ireland and Australia. It’s expected that the service’s arrival to these regions will be announced this week.

paidContent reports that Spotify has held talks with Irish ISPs about going to market with a bundled deal. The service already offers bundled deals with network Telia in Sweden.

However, Eircom’s consumer managing director Stephen Beynon has reportedly said the network is not making a deal with Spotify.

Spotify may announce its intentions to enter Ireland and Australia this week, which comes as good news to Irish music fans. It is also reportedly planning to raise another major round of funding, asking investors to value it at US$3.5bn.

The online music service was founded in 2006, launched in a few European locations and arrived in the US in 2011. It has proven to be quite popular, with 10m registered users, of which 3m are paying subscribers.

Spotify allows users to stream music from its database on demand. It currently has 15m songs hosted on the service. Users can either choose a free service which has advertising or they can pay for a subscription which also includes mobile access.

Spotify also recently partnered with Facebook with heavy integration with the social network.