Spotify Launches Mobile Service on iPhone and Android
Premium subscribers of Apple’s iPhone and Android will now be able to download music streaming service Spotify on their mobile devices. The apps has just arrived in Europe and already seems to have taken the market by storm. The service is not yet live in United States although there are plans of launching it in near future.
The new mobile apps allows subscribers to play the whole music catalogue from Spotify while the ‘offline’ mode enables users to cache playlists which they can then play when not connected to the internet. Subscribers can download the music streaming service from the websites of Apple’s App Store and Android Market.
Spotify’s mobile debut in Europe is certain to spark off a lot of interest and will be keenly watched by other providers of special mobile apps. The music streaming service has already created its own set of loyalists who swear by its P2P technology which enables the music tracks to start playing practically instantly and the effect of which is quite impressive on mobile devices.
Spotify is a London-based start-up which has caught the attention of several record labels. At present the company is worth $242 million or 170 million euro with a post money valuation of at last 200 million euro.
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