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Showing posts with label Spotify. Show all posts
Showing posts with label Spotify. Show all posts

October 30, 2015

Start Up Focus :The making and funding of Spotify

" Start up Inc : Making of spotify"

CEO and Co-Founder of Spotify Daniel Ek became a multimillionaire at age 23 when he sold an online advertising company in his native Sweden in 2006.

Not many know that it was a rejection  from Google which made ” Daniel what he has achieved today As a 16 year old he was turned away when he applied for a job at Google. This, daniel says was a start of a journey and a turning point  ” when he undertook a resolution’ of not letting age interfere with his knowledge and subsequently gave birth to an idea, which he has since never looked back 

The idea behind Spotify was ” the opportunity” it gave to  the sputtering music industry to create an alternative to music-piracy services such as Napster. Spotify gives a cut of the revenue to record labels and music publishers, which in turn pay out their artists and songwriters at varying rates.

The major labels – Vivendi SA’s Universal Music Group, Sony Corp.’s Sony Music Entertainment and Access Industries’ Warner Music Group – also own about 15%of the company, collectively. Spotify reported in November that its 2013 revenue was €747 million ($842 million) and it lost €57.8 million ($65 million).

 Spotify revenue model is based on a bait that ” offers a limited, free version of its service”, hoping users will eventually subscribe. The company counts 15 million subscribers to its $9.99 premium plan, and about 45 million active users of its free, ad-supported version – by far the biggest global user base of any subscription music offering

List of VC firms invested in Spotify

List of  VC  Funding and Equity Investments in Spotify; As of 2015 137 VC funding firms have a stake in the company 

July 1, 2015

digital streaming marketshare in crowded US market :

" state of music streaming marketshare in US"

Apple begins its newest s quest to shake up the music industry with the launch of its highly-anticipated streaming service Apple Music. 
The service will complement features similar to those of competing services such as Spotify and Tidal with elements of human curation and a 24/7 global radio station named Beats .According to a survey by Adison Research (before the launch of Tidal). Pandora has a marketshare of 45%.Pandora is the most used music streaming service in the US followed by iheartradio and itunes radio followed by spotify

June 15, 2015

FB and Spotify apps drain your android battery fastest

"FB and Spotify  apps drain your  android battery fastest"


Facebook and Spotify users look out if your using an  android phone. If you have both these apps installed in  your android smartphone  and seem to frequently run out of battery , here is whom you can blame. In a recent report on the list of apps causing the highest battery drainage. these 2 stalwarts sit right on the top.  

 A recent report from AVG concludes that The popular music streaming app Spotify  ranks second  and  Facebook number 1 when it come to  battery consumption  and drains out your Android faster than any other app.

Facebook’s constant background notification checks still have the greatest impact on overall Android device performance thereby causing severe battery draining. This comes from the AVG  quarterly Android App Performance report .The report analyzes aggregated, anonymous data from more than 1 million AVG Android app users to discover the top performance-affecting apps worldwide.

However  Venturebeat’s Mark Sullivan  today  just announced that the latest Android  OS M version will  fare better  in terms of controlling their power by putting them off to sleep”

“You’ll be glad when Android M arrives on your device later this year; Google just announced that its new Android M mobile OS will put apps to sleep when you’re not actively using them. “

monthly usage of spotify’s facebook app usage : 2011 to 2015

" monthly usage of spotify's facebook app usage : 2011 to 2015"

This  chart from statista shows the monthly and daily users of Spotify’s Facebook app usage  since  September 2011 to 2015. 

 As of March 2015 spotify  had 37.61 million monthly active users and 11.18 million daily active users on  Facebook’s platform ( for the month of march). This is in comparison to an average of around 20million monthly  users  who frequent the  music streaming apps at facebook. Spotify has been present at Facebook since  September 2011 and in its first month had seen  more than 3 million users.

September 7, 2012

AOL Dial up Business generating 33% Revenue

AOL dialup business is back with a bang   as the chart by Splatf shows above As of September, AOL still had 3.5 million subscribers to its dialup Internet access service generating a third of the company’s revenue and likely most of its profit? That might be more paying U.S. subscribers than Spotify and Hulu Plus have combined.

AOL’s earnings release,  shows that “average paid tenure” of its subscribers was about 10.6 years in Q3, up from about 9.4 years last year. (Of course, some of AOL’s existing access subscribers might not even realize they’re still paying for it.AOL finished June with 3.03 million subscribers, down just 84,000 from the prior quarter and 400,000 from a year ago. While the dialup industry is obviously in permanent decline, AOL’s subscriber losses last quarter were less than half what they were a year ago.

According to Businessinsider  in the last decade the  monthly AOL bills  on the average has increased from about $18 in 2001 to $19.30 in 2006 to about $17.50 now.What has changed is AOL’s overall size — much smaller now. And the bad news is that most of AOL’s profit still comes from its access business, which is still in permanent decline.


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March 5, 2012

VEVO and Spotify Go Head to Head in the Nordics

VEVO and Spotify Go Head to Head in the Nordics:

Popular music video site VEVO currently leads the Entertainment-Music category with 5.2 million unique visitors during January 2012 in the Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden). However, the music streaming property Spotify isn’t far behind, ranking second with over 4.9 million unique visitors to the site and its desktop application. Over the past year, VEVO has seen an increase of 18 percent by unique visitors while Spotify has seen a slower growth rate of 1 percent. VEVO’s videos were largely consumed via their YouTube channel.