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Spotify

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by

Matt Zinone

on 4 January 2013

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Transcript of Spotify

Launched in October 2008 Total users reached 20 million
by December 2012, 5 million of them
paying monthly. Spotify is a Swedish music streaming service Music can be browsed by... -artist
-album
-record label
-genre
-playlist -Spotify was developed in 2006 by a team at Spotify AB located in Stockholm, Sweden. The company was founded there by Daniel Ek and Martin Lorentzon, -The Spotify application was launched for public access on 7 October 2008. While free accounts still remained available by invitation only in order to manage the growth rate of the service, the launch meant that paid subscriptions were opened to everyone. -At the same time, Spotify AB also announced licensing deals with many major music labels.[24] The company reported a $4.4 million loss for the year of 2008. On 18 May 2010, Spotify announced that two more types of accounts were available. Spotify Unlimited is the same as Spotify Premium but no mobile and other features. Spotify Open is a reduced feature version of Spotify Free which allows users to listen to up to 20 hours of music each month History On 17 June 2011, it was reported that Spotify had secured another $100 million of funding and planned to use this to support its US launch. The new round of funding saw the company valued at US$1 billion. On 14 July 2011, Spotify launched its US service, which was a major milestone after delays and years of negotiation with the four major record companies As of December 2012, the catalog
provides access to approximately
20 million songs Some artists have opted not to be added to Spotify.[4][50] Additionally, some artists are missing in certain regions because of licensing restrictions imposed by the record labels. Spotify lets you create playlists. Find songs you want to hear, and then drag and drop to create playlists for listening.
You can also share with friends, thanks to simple and easy Facebook integration. Spotify offers desktop and mobile apps.
You can listen to your Spotify songs and playlists via Android or iOS apps, or via the desktop client. Fin.
Full transcript