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You guys need to update this post. The source article in Arctic Startup re Spotify's contribution to label revenues has been corrected to reflect reality:

"Update 4.20 GMT, February 9th 2011: A few clarifications regarding the article have been made; Spotify is the second largest source of digital music revenue in Europe after iTunes (however, it is questionable that there are larger single sources of revenue comparable to iTunes and Spotify). Secondly, Spotify is the largest digital music retailer in Sweden and Norway."

Kyle Bylin

Thanks for the tip. I've updated.

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