Earlier sources stated that as much as $100 million could be injected into the company. At the above listed valuation, that puts the sold stake at 3.33%. According to the Wall Street Journal, Goldman Sachs was a potential actor in the investment. That report, differing slightly from today’s news, listed the investment as “slightly more than $3 billion.”

While the $3 billion figure may impress, it’s down a fourth from the $4 billion figure that was bandied about 6 months ago. Still, picking up nine figures in cash for a sub-5% stake is hardly tough grapes for the company, which will now have ample cash to fuel its expansion.

Spotify has around 4 million subscribers that pay it monthly, at various price tiers. In the United States, for example, the service can cost $5, or $10 monthly, depending on what sort of access – mobile, for example – a user requires.

Props to TNW [AlLindstrom]