Archive for the ‘Business’ tag
I love Spotify, but why do the record labels?
I absolutely love Spotify.com I have it on all my Macs, my IPhone and my Nexus One and I use it every single day. I recommend it to almost everyone I meet, i’d even go so far to say that it was the app of 2009!
Ok, you now appreciate that I love Spotify right?
I can’t help wondering what the record labels get out of it, here is a true story about my own listening and spending habits (when it comes to music)…
Prior to signing up for a Spotify account in Sept 2009 I used iTunes and the Apple Music store exclusively in the 12 month prior to Sept 2009 I purchase over 1000 items from the store and spent well over £700 (I know! I was shocked too)… Since Sept 2009 I have spent £99 (a year subscription) and wont need to spend a penny until Sept 2010, yup Spotify has saved me £600+ isn’t it great?
Well yes it is for me (and maybe you) but what about the record industry who have been fighting a bitter battle against apple around the price of their product, yet they are loosing tons of revenue by supporting alternative suppliers who are essentially giving it away! Is this a case of biting your nose of to spite your face? Not sure, but it certainly doesn’t add up! (to me any way).
I can’t help but think that Great services like Spotify can’t last!
BTW I Love Spotify!
