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Spotify’s conversion rate isn’t bad: Out of 15 million active users, more than 4 million are paying subscribers. That number may soon increase thanks to Android support for Spotify radio, which is ad-supported and offers unlimited playback of Spotify’s entire digital music catalog. Read more »

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Yandex Logo, from handout

Moscow-based search engine Yandex is hoping to steal a march on international rivals with a new music subscription app for the iPhone — but it’s gambling that users will be ready to stump up cash for the service in a country where paid-for digital music is […] Read more »

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Spotify has now 20 million monthly active users, according to new estimates based on publicly available Facebook data. The company’s growth has accelerated ever since its Facebook integration launched – but it’s success isn’t extraordinary: Long forgotten music services like Imeem were once just as popular. Read more at GigaOM »

Morning Lowdown
photo: Corbis / Patricia Curi

»  At least someone in the market is optimistic about Spain and Italy – *Amazon* has just launched the Kindle there. (paidContent)… Read more »

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