When the history of the music industry in the Internet era is recounted, Daniel Ek will figure prominently. Ek, 33, is co-founder and chief executive of privately held Spotify, the Swedish music streaming company that helped to demolish once-dominant compact discs and largely muscled aside Internet downloads and web radio. "Over the last 18 months, we have hit the proverbial tipping point where streaming music is clearly the future," says Richard Greenfield, a media analyst at global brokerage BTIG in New York.
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