What to Read Next

Swedish music sales 'boosted by Spotify'

18 January 2013
Spotify co-founder Daniel Elk speaks at a Spotify event in New York City on December 6, 2012
Spotify co-founder Daniel Elk speaks at a Spotify event in New York City on December 6, 2012. Music sales in Sweden rose last year thanks to the growing popularity of music streaming service Spotify, the country's music industry body said, offering hope to a sector battered by file-sharing

Music sales in Sweden rose last year thanks to the growing popularity of music streaming service Spotify, the country's music industry body said, offering hope to a sector battered by file-sharing.

Last year was the best year for music sales in Sweden since 2005, according to data from the Swedish Recording Industry Association (GLF).

"This is a clear sign that more consumers are paying for their music consumption than for some time," the chief executive of the International Federation of the Phonographic Industry (IFPI) Sweden, Ludvig Werner, said in a statement.

"We hope that a recovering market for music will encourage artists and music companies to release more music," he added.

Music sales in the Nordic country rose 14 percent to 943.6 million kronor (108.9 million euros or $145.4 million) in 2012 from the previous year, boosted by a 12 percent increase in digital sales, which accounted for 63 percent of total music sales.

A total of 90 percent of digital sales came from music streaming services such as Spotify, the digital media juggernaut that was founded in 2006 by Swedes Daniel Ek and Martin Lorentzon.

Spotify first launched its service in 2008 in Sweden and says it has since become the world's largest streaming service.

It claims to have a catalogue of more than 18 million songs, more than 15 million active users and over four million paying customers.

However, Sweden has also been at the forefront of file-sharing activism, and in 2006 fans of the website Pirate Bay and similar sites formed the Pirate Party to campaign for copyright reform.

Founded in 2003, The Pirate Bay -- which boasts more than 30 million users -- makes it possible to skirt copyright fees and share music, film and other files using bit torrent technology, or peer-to-peer links offered on the site.

A co-founder of the Swedish-based website, Gottfrid Svartholm Warg, was handed a one-year prison sentence by a Swedish court in 2009 for promoting copyright infringement but failed to show up to serve his term.

He was detained in Sweden in September last year, days after his deportation from Cambodia.

Insane Navy Seal Flashlight, should it be banned?

The Military has recently released technology that is now available to the public. Get yours before they run out - Limited Supply!

People In Heavy Credit Card Debt May Not Know This

If you owe more than $15,000, there is a way to pay off credit card debt that few people think of first. (It's not what you think!)

Find Out How SoFi Can Help Refinance Your Loans

SoFi is refinancing student loans with fixed rates as low as 3.5% APR...

How Older Men Tighten Their Skin

Men, reduce the look of wrinkles, sagging skin and fine lines with this affordable and effective skin tightening treatment without leaving your home.

What Has Been The 2015 Best Skin Tighteners ?

Women everywhere are saving thousands of dollars on plastic surgery by reducing the appearance of wrinkles from the comfort of their own home.

Bad News For Insurance, Great News For Virginia

Virginia drivers, with cars and good driving records are learning that they may qualify for lower car insurance rates. Do you qualify?

Tighter Looking Skin Without Cosmetic Procedures

Reduce the look of wrinkles, sagging skin and fine lines with this affordable and effective skin tightening treatment without leaving your home.

Banks Are Worried Homeowners Will Do This.

Homeowners are surprised and furious. If you owe less than $625,000 on your home, you better read this.

VA Mortgage Rates In 2016

VA Rates as Low as 2.75% (3.028% APR) 15 Year Fixed. Exclusive For Veteran & Military Takes 1 Min!

Free Workshop in Washington DC Area, Feb. 27!

Discover the power of stocks and options trading at this FREE Stock Success Workshop! Save your spot now and receive a free silver bar for attending!

Attn Home Owners Who Never Miss a Payment.

Home Owners who have not missed a payment in 3 years or more need to read this. If you owe less than $625,000 on your home there is a solution.

Banks "Outraged" by Brilliant Home Payoff Method

Before you pay your next mortgage you should see this. Millions of homeowners are already amazed. If your bank knew you did this, they'd freak!

Buying Medicare Supplement Plan F? Read This First

Plan F is the most popular Medicare Supplement plan, but there's another Medigap option you should consider.

13 Guys You Don't Want to Date

Keep an eye out for an uncanny ability to lie and an indifference toward guilt early in the relationship: These are both common signs of a cheater.