Image Courtesy of "Battle Of The Dark Legion" Castle AgeLate last week sources close to Swedish based Spotify (the digital on-demand music collection which is available on desk tops and mobile applications in Austria, Belgium, Denmark, Finland, France, Germany, Netherlands, Norway, Spain, Sweden, Switzerland, the United Kingdom and in the U.S.) announced that it intends to compete directly with the current internet radio King in the U.S. (Pandora) by developing a similar "Radio" style music offering. Spotify has already negotiated and currently has in place, direct licenses with the largest music labels in the world including Universal Music Group, EMI, Sony Music and Warner Music along with many other smaller labels. These deals afford Spotify's users the unlimited ability to choose individual songs by individual artists and play them instantly on demand. Spotify users have the choice of: Commercial free music on-demand for $9.99/mo. on mobile devices, $4.99/mo. on desk tops or a free version funded by advertisements.
Spotify (in its current form) allows its users to access millions upon millions of songs, which if listened to individually and in real-time succession would reportedly take over 80 years to complete. (Finally we now have the perfect challenge for all the malignant narcissists in our lives with their vociferous musical snobbery: "So you say you are the biggest music fan in the world? Prove it! Stifle your pie-hole and put these headphones on... I'll get back to you in 80 years... Windbag!) Spotify is continuing to add new songs at the rate of 10,000 per day or (if you will) an additional 21 days of constant music listening added daily. Spotify still has some notable hold-outs, namely The Beatles, Adele and most significantly for me AC/DC. The beauty of developing a radio style offering remains the simple fact that specific artist and label permissions are not required as the non-interactivity of radio falls under a statutory licence. This license allows Spotify to access music (including the music of the current hold-outs) and to a royalty structure similar to Pandora's which is presently negotiated and established by the Copyright Royalty Board.
In recent weeks, Spotify's mobile app has passed Pandora, SiriusXM and IHeartRadio's mobile offerings in the iTunes App Store...
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