Music streaming service Spotify has confirmed that it's now making money and says that it will soon launch in the US.
The service has been seen by some as the future of online music delivery, but criticised by others who say it's not a sustainable model.
According to the Daily Telegraph 26 year old CEO Daniel Ek said that they intend to launch in the US this year and that they now have 320,000 paid subscribers in Europe.
He also said that while the US service might differ slightly from the UK one it would still have a free element and confirmed that a new version of Spotify would be unveiled in the near future.
