Data from the IFPI says that 92 percent of digital music revenue in Sweden comes from subscription services. Only 5 percent of revenue comes from permanent digital downloads.
Avicii is one of Spotify’s biggest success stories, so it makes sense that Spotify and Avicii’s management would want to work together.
According to Billboard, Daniel Ek and Avicii’s manager Ash Pournouri are starting a SXSW-style conference in Stockholm. The conference is called Symposium Stockholm and will take place June 8th – 13th.
As part of the Symposium, a Brilliant Minds conference will be held on June 11th and 12th. This event will focus on tech and music and will feature “innovators, artists, musicians, politicians, CEOs”, and thought leaders. The event is invite only and costs $2,900. The application is here.
Symposium Stockholm will also feature an “AVICII Fest”. No joke.
Nina Ulloa covers breaking news, tech, and more: @nine_u