Spotify Paid Out $61 Million To Labels In 2010

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In 2010, Spotify grew from 250,000 paying users in March to 750,000 at the end of the year. During that time, the company paid out just over $61 million to rights holders and labels.

Spotify has signed one deal with Sony Music.

To come to the US, they will need another large label such as Universal Music.

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