Quote:
Originally Posted by gluteus maximus
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Hello Maximus, Hello everyone!
Comparing Spotify to ITunes is like comparing oranges to apples. The writer from PC World should have named his article something along the lines of "Emerging competition for ITunes", because the article is a digression of different initiatives ranging from Spotify to cell phone subscription services.
I gather from OTHER press releases a better explanation that Spotify is more like a radio station with customizable content that is STREAMED, instead of being available for DOWNLOAD, like it is from ITunes.
"Basically Spotify is like having a share folder on your computer to EMI, UMG, Sony BMG, WMG, etc....."
"So for just over the price of one iTunes album per month you can listen to what you want, You can drag and drop tracks to create play-lists of anything you wish to so it’s like radio but specifically what albums and tracks you want to listen to in the order you want to.
I really can not see how iTunes, as good as it is, can compete with a one off subscription service like this unless it too modifies it’s income model, the only plus factor is that with iTunes you can burn the music where as Spotify is streamed."
RevenueAddict.com Spotify - iTunes Should Be Afraid - VERY AFRAID !
And, speaking of business models, what do you think Spotify uses?
"Keep in mind that this is all supposed to be paid for by advertising, so keep clicking on those ads everyone, because I want at this API…"
Mixed Content A chat with Spotify, and how the URL is the next MP3
Spotify is also looking for labels and artists:
"Promoting your music on Spotify is free. Your own artist area allows you to build a direct relationship with fans, old and new, across the world. Develop revenue streams through the sale of downloads, merchandising, concert tickets and more, as well as earning a share of the revenues we create through our advertising and premium businesses. Powerful, granular, in-depth reporting is available to participating labels and artists."
"We are constantly adding albums and tracks to Spotify and want to offer our users all of the music in the world. We aim to release an uploading platform relatively soon so that content owners can partner with us easily. "
Labels and artists - Spotify
The free but not free: you develop revenue streams and you will earn a share. The use of this language reminds me of the network business, ad-clicking, and pyramid schemes.
The revenue also will come from customers if you don't want to listen to 30-60 sec ads interruptions. The catch can be found in their end user agreement:
6. Prices
Spotify reserves the right to change the price for the Spotify Paid for Service at any time. Such changed price will take effect after the expiry of the then-current paid for period (i.e. the term that you have already paid for). Any new prices will be posted on the Spotify website and it is your responsibility to check the website for such postings from time to time. If you do not wish to be bound by such changed price relating to your Premium Service you may terminate your subscription of your Premium Service in accordance with what is stated in Section 12 (Term and termination). The continued use of the Spotify Paid for Service after the posting of a new price constitutes an acceptance of such new price.
7. Automatic subscription renewal
Your subscription to the Premium Service will automatically renew at the end of each subscription term unless you terminate your subscription prior to the end of such subscription term in accordance with what is stated in Section 12 (Term and termination). The renewed subscription will have the same duration as the subscription being renewed (e.g. one month, one year etc.). At the time of renewal the credit card you have designated to be billed for the purchase of the Premium Service will automatically be billed with the applicable amount.
8. Cooling-off period
When you log in to the Spotify Paid for Service after having purchased such service you have started to use the Spotify Paid for Service. You agree and understand that once you have started using the Spotify Paid for Service you will not have a right to cancel or withdraw from your purchase of such service.
I really like the one-year subscription without right to cancel....
And lets not forget the kind of software Spotify comes with. It is described also in the end user agreement as well:
10. Advertising and use of computational resources
As consideration for your rights under this Agreement, you agree that (i) Spotify and its business partners has a right to provide advertising and other information to you in relation to the Spotify Software Application and the Spotify Service, and that (ii) Spotify has a right to allow the Spotify Software Application and the Spotify Service to utilize the processor, bandwidth and storage hardware on your computer or other relevant device for the limited purpose of facilitating the communication and transmission of content and other data or features to you and other users of the Spotify Software Application and the Spotify Service, and to facilitate the operation of the network on which the Spotify Software Application and the Spotify Service runs.
End user agreement - Spotify
You can look at other Spotify zealot headlines
:
I don’t want to own my music!
Downloading media files will soon be a thing of the past!
Steve Jobs is wrong! :: Alfa Bravo
After all this.... is Spotify going to kill ITunes? ha…
ha…
ha...
GHERDEZ
I think that I am not going to join the waiting list either... -
10-23-2008, 08:53 AM
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