Welcome to Collaborative Strategy Guild Where insights are transformed into actions at the intersection of collaboration, information management, security, and business strategy.
|
A major music milestone
Sean Parker, co-founder of the original Napster, the pioneering file-sharing service, says the launch of Spotify in the US “represents the realisation of a dream”.
Spotify, the much-hyped European music service, brought Mr Parker – now at Founders Fund, a venture firm – onto its board as an investor in 2010, when it began to realise that convincing the US record labels was going to be tougher than it expected.
Sean Parker: Spotify US is realisation of my Napster dream | FT Tech Hub | FTtechhub – Industry analysis – FT.com
Continue reading: Sean Parker: Spotify US is realisation of my Napster dream | FT Tech Hub | FTtechhub – Industry analysis – FT.com
Bad news for already strategically-challenged U.S. music subscription services such as Rhapsody
Spotify’s speed offers the company one significant advantage over its American competitors. (It achieves that speed partly through using a peer-to-peer network, which lets a song play almost instantaneously.) But its crucial selling point has been its free access, which the company believes can lure in new users, who then get attached to its playlisting and social networking features and will be enticed to join.
That reliance on free access, however, has also worried American record labels and some analysts, who fear that it could cannibalize sales from other sources, like iTunes.
“What Spotify seems to… Continue reading: Spotify Music-Streaming Service Comes to U.S. – NYTimes.com
Another reason for Apple to unfriend Facebook
But the next big endeavor is music, Giga Om says in a report revealing Facebook’s upcoming big social music service.
Here’s how it will look, according to Giga Om: your Facebook homepage will include a Music tab leading to a Music Dashboard where you will be able to listen to music and see what music your friends are listening to.
Facebook will partner with Spotify but also other services to provide the service. There have long been talks of some kind of big partnership between Spotify and Facebook when it launches in the US, but it seems that it’s only… Continue reading: Inside Facebook’s Next Billion Dollar Business [Business Insider]
Apparently some people believe there is room for a non-iTunes music service
The online music service Pandora may not be profitable, but that hasn’t discouraged investors clamoring for a piece of it.
Pandora Media on Tuesday priced its initial public offering at $16 a share, above its recently raised target range. The company, whose shares will start trading on the New York Stock Exchange on Wednesday under the ticker “P,” has raised $234.9 million, valuing the business at $2.6 billion.
Pandora Prices Its I.P.O. at $16 – NYTimes.com
Continue reading: Pandora Prices Its I.P.O. at $16 – NYTimes.com
Multimedia musings at Facebook
The company is in discussions with several online music services, including the European company Spotify, to develop a tab or widget that would display a user’s most-played songs and provide an easy way for friends to hear them, two people involved in the discussions said.
[…]
Last year, Facebook negotiated with Apple about bringing social features into iTunes. But the talks broke down and Apple created its own social network within iTunes, called Ping. It has not become popular with users.
Facebook Is Developing Ways to Share Media – NYTimes.com
Continue reading: Facebook Is Developing Ways to Share Media – NYTimes.com
|
|
