The Spotify way

Daniel Ek and Martin Lorentzon are the founders of a new way of life in the music business. An application that will attempt to put Itunes second best in selling music to the public. Spotify is the much anticipated new music streaming service that was first mentioned to the music businesses around the world in 2006. It has created much hype since it was first released and has potentially got the edge over the Itunes crowd that is most dominating in the overall digital music market. As its first release in the UK and in Europe, as of July UK alone has over 2.7 million users of the new streaming platform. It has already generated 1 billion streams in total just in the UK. It is evident from these statistics that Spotify will soon make an integral move into the music consumers way of life. Spotify is yet to be released in the US but talks about a different launch in the US might infer a greater hype.

If you are unaware of the new model that Spotify has made available then here it is.

Spotify has three products they include

Free service - music that is all free on an advert basis platform where every 4-5 songs played is followed by an advert in the song.

Day Pass - music that is all free for one day that goes with no ads. It costs as little as 0.99 cents

Premium service - music that is all free on a monthly basis with no ads. It costs 10 dollars a month to receive the best of what Spotify provides.

You can find this and more at the Spotify website.