Real Business always knew Ben Drury was destined for big things. We spoke to him about music download site 7digital back in 2007.
Even then, the three-year-old firm was giving iTunes a run for its money. "iTunes is the 800lb gorilla in the market," said Drury. “But for the first time in the digital music market, we’re seeing healthy competition.”
Today, the London-based firm signed a deal with the fastest-growing music streaming site in the UK. Spotify, which was launched in October 2008, currently boasts over one million users.
The new deal will enable listeners in the UK, France, Spain and Germany to download more than six million tracks.
Daniel Ek, CEO and founder of Spotify, says, “Through integration with 7digital, our users can now take their digital music with them wherever they go.”
Drury says, “This is the first stage of a partnership that will create a more integrated download experience for 7digital and Spotify customers and, ultimately, allow users to listen and buy MP3s securely with one or two clicks.”
The revenue split is still undisclosed.