Spotify on iPhoneStreaming service is set to launch in the US, after thrashing out deals with the major record companies.

Its service had previously been put on hold, apparently because the labels were not convinced about its ability to make them money.

About 10 million people use Spotify across parts of Europe, with one million paying for its premium service.

The company has reduced elements of its free product, ahead of the US launch.

In April, limits were introduced on the number of times users of the basic version could play tracks.

Total listening time was also reduced to 10 hours per month for the free service.

via BBC News