Aspiro Music streaming service reaches 300,000 paying subscribers


Aspiro Music streaming service reaches 300,000 paying subscribers

The Scandinavian music streaming service WiMP by Aspiro Music reaches
300,000 paying customers, after rapid growth during spring. In Norway,
100,000 Canal Digital customers have activated the service.

The number of users of Aspiro's music service is thus tripled since the
start of the year, when it had 100,000 registered users. The service
reached 200,000 subscribers at the beginning of May, after launching in
Sweden, and now the number has increased further to 300,000

”More people are discovering the benefits with our service, and the last
month we have seen particularly rapid growth in Norway via Canal
Digital, but also in Sweden and Portugal. In Denmark, we are increasing
our initiatives this summer to open even more Danish consumer's eyes to
music streaming”, says CEO of Aspiro Gunnar Sellæg.

WIMP is currently available in four countries: Norway, Sweden, Denmark
and Portugal, the latter via a white label service, and a new service is
expected to launch this fall in Ireland.

In Norway, Canal Digital offers 700,000 customers WiMP included in the
TV subscription and the television distributor can now report of high
interest in a short time.

”Within three months, 100,000 of our TV customers have enabled the music
service, equivalent to all the inhabitants of two medium sized Norwegian
municipalities. We have received very positive feedback on our
comprehensive television and music offerings, and are very happy that so
many have enabled the music service in such a short time”, says Kenneth
Tjønndal Pettersen, Communication Director of Canal Digital.

Aspiro yesterday published new survey results by research firm
Norstat, showing that Scandinavian teenagers are ready to pay for a
music streaming service, if only the service is good enough. Sweden is
the Scandinavian country leading the development, closely followed by
Norway and Denmark, somewhat behind its two neighbors. To contribute to
a faster development in Denmark, Aspiro will offer free WiMP to all
Danish users this summer.

This information is mandatory for Aspiro AB (publ) to publish pursuant
to the Swedish Securities Exchange and Clearing Operations Act and/or
the Swedish Financial Instruments Trading Act. This information was
submitted for publication at 8.30 a.m. on 24 June.

For more information, please contact: Kristin Castillo Eldnes, Head of
Corporate communication and IR, Tel: +47 908 07 389,
kristin.eldnes@aspiro.com (kristin.eldnes@aspiro.com) or Gunnar Sellæg,
CEO, +47 901 81 528, gunnar.selleg@aspiro.com (gunnar.selleg@aspiro.com)