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Spotify Expands Global Reach

Spotify Logo

Spotify Logo

Spotify is reportedly $100 million richer.  The Wall Steet Journal reports that the digital music service is reportedly close to finalizing $100 million in financing from Goldman Sachs.  Thanks to hefty investments of that nature, Spotify is nearing an overall monitary value that is estimated to be over  $3 billion, and the company appears to be wanting to put it to good use.  Billboard.biz is also reporting that Spotify has expansion plans that include branching into Latin America and Eastern Europe by 2013.  Reports are that they are seeking to hire staff in Mexico and Poland.