Spotify announced that, after saying they would put restrictions on their music after the first 6 months, they would put an extension on not making people pay. Honestly, I think listeners will be very happy with this idea but at the same time, artists are not going to be as happy due to them not getting exactly what they want.
(Reuters) - Digital music service Spotify rolled out new features and said it increased the number of active users at a press event that featured a special musical performance by Frank Ocean....
Iris Buckley's insight:
This article talks about how the more music that is being shared, the more that the artists get in return. Even though this streaming music site is being carefully watched, this is a paid for site. Con -- I think that this site does need to be watched carefully because people are starting to figure out how to download this music. Pro -- But, at the same time It is a great sharing website, especially for artists to give and get back feed.
Spotify's entry into the U.S. market last Summer and the Facebook Music launch make it one of the biggest streaming music services out there. Spotify CEO Daniel Ek still ponders whether or not streaming music sites should be free or premium services.
Spotify is replacing MTV as an avid music channel because MTV is no longer about music anymore. I agree with this completely. I think spotify is a great media source when it comes to the search for music. Pandora is the only other good source for music and I think Spotify is outdoing Pandora in this industry.
This is a more positive side to Spotify. This article talks about how since Spotify started, the music industry has made a small rise of .03%, not rising, since 1999. It also discusses the fact that Spotify allows people to purchase music in any form that they choose.