The end for Spotify

Many are reporting this morning that the internet streaming music service may be on its last legs.

This report in the Times suggests that

Senior executives said that Spotify could soon be “dead” if it continued to be available free and relied on advertising to fund the service.

In response to its founder's letter to the paper

Experts said that Mr Ek’s letter represented a plea to the music industry not to kill off the service, which is only a year old, with high royalty fees. Although the music industry believes it is well designed and useful in dissuading consumers from internet piracy, there is concern that the website cannot generate enough advertising revenue to pay for its music.