Spotify is second largest source of revenue in Europe for labels

Re:Spotify is second largest source of revenue in Europe for... by 2arrs2ells on Wednesday February 09, 2011 @06:29AM (#2197112)

Spotify background (in case others were ignorant like me):

* 10 million free users can stream any song in the 10 million song catalog to their desktop (Pandora-style ads)

* 750,000 paid users - no ads, support for streaming to mobile (Android, iPhone, etc), better quality stream

* Paid 45 million Euro to labels in 2010

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Re:Spotify is second largest source of revenue in Europe for... by unicornporn on Wednesday February 09, 2011 @07:49AM (#2197244)

* Partially owned by the big four (18%), who got their shares for basically nothing.

* So far, they're losing more money each year. http://eu.techcrunch.com/2010/11/22/spotify-had-a-16-66m-los...

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Re:Spotify is second largest source of revenue in Europe for... by trustfundbaby on Wednesday February 09, 2011 @12:49PM (#2198420)

I would really love to hear more about the kind of technology infrastructure they have that supports that kind of usage.

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Re:Spotify is second largest source of revenue in Europe for... by mzl on Thursday February 10, 2011 @02:26AM (#2201156)

Here is a nice article: http://www.csc.kth.se/~gkreitz/spotify-p2p10/

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Re:Spotify is second largest source of revenue in Europe for... by trustfundbaby on Thursday February 10, 2011 @03:04PM (#2203461)

You sir ... are a gentleman a scholar and god among men

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Re:Spotify is second largest source of revenue in Europe for... by martinkallstrom on Wednesday February 09, 2011 @01:24PM (#2198615)

p2p

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Re:Spotify is second largest source of revenue in Europe for... by burke on Wednesday February 09, 2011 @10:18AM (#2197639)

There is a North American equivalent: http://rdio.com

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Re:Spotify is second largest source of revenue in Europe for... by yesbabyyes on Wednesday February 09, 2011 @10:57AM (#2197836)

It too, as Spotify, has a Swedish connection: it was founded by Niclas Zennström (Skype founder).

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Re:Spotify is second largest source of revenue in Europe for... by Tomek_ on Wednesday February 09, 2011 @10:39AM (#2197743)

But it has an interface that no one undestands

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Re:Spotify is second largest source of revenue in Europe for... by kingkilr on Wednesday February 09, 2011 @10:46AM (#2197781)

I don't know about that, I've got no problems with their UI.

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Re:Spotify is second largest source of revenue in Europe for... by frou_dh on Wednesday February 09, 2011 @06:49AM (#2197149)

You can also pay half and forgo the mobile streaming.

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Re:Spotify is second largest source of revenue in Europe for... by pdaddyo on Wednesday February 09, 2011 @08:05AM (#2197279)

Just to clarify it's not just mobile streaming, but offline mobile support. I carry around 1500 tracks on my Android using Spotify Premium for £10 / month. The transparent wifi syncing and social aspects of the service (collaborative playlists, music inbox etc) are awesome too. If it's available in your country, I urge you to try it.

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