The claims made by Revolution Magazine suggested that Spotify was set to rival iTunes and offer unlimited downloads for £9.99 a month.
As much as we wanted to believe it, we thought this sounded a little bit fishy, and got in contact with Spotify earlier today to get to the bottom of it.
Unfortunately it was too good to be true. In fact, it seems the mag somehow got confused with Spotify's £9.99 monthly fee for ad-free streaming.
Jim from Spotify told us "This is a 100% untrue story. Spotify's core aim is to provide a user-friendly music-streaming service with the added flexibility of offering paid-for downloads in partnership with our external partners."
What is still unclear are the claims made by the magazine that Spotify is set to launch a mobile service this summer, and that it is in talks with manufacturers to offer it on handsets similar to Nokia's Comes With Music service.
We've contacted Spotify for more information and we'll be sure to keep you updated with the news. Until then, be sure to let us know what you think of Spotify's service below.