
{"id":25452,"date":"2015-09-30T11:48:35","date_gmt":"2015-09-30T15:48:35","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=25452"},"modified":"2015-12-02T15:32:02","modified_gmt":"2015-12-02T20:32:02","slug":"spotify-1","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2015\/09\/30\/spotify-1\/","title":{"rendered":"Spotify- Grant Nygaard"},"content":{"rendered":"<pre>Grant Nygaard\r\n\r\n<\/pre>\n<p>&nbsp;<\/p>\n<div id=\"attachment_25793\" style=\"width: 310px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/26-spotify.w1200.h630.jpg\"><img aria-describedby=\"caption-attachment-25793\" loading=\"lazy\" class=\"size-medium wp-image-25793\" src=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/26-spotify.w1200.h630-300x157.jpg\" alt=\"Spotify Logo\" width=\"300\" height=\"157\" srcset=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/26-spotify.w1200.h630-300x157.jpg 300w, https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/26-spotify.w1200.h630-500x262.jpg 500w, https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/26-spotify.w1200.h630.jpg 740w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-25793\" class=\"wp-caption-text\"><a href=\"http:\/\/pixel.nymag.com\/imgs\/daily\/vulture\/2015\/06\/26\/26-spotify.w1200.h630.jpg\">Spotify Logo<\/a><\/p><\/div>\n<p style=\"text-align: center\"><strong>Headquarters<a href=\"https:\/\/www.spotify.com\/us\/about-us\/contact\/\"> (1)<\/a><\/strong><\/p>\n<p style=\"text-align: center\"><em>Research &amp; Development<\/em><\/p>\n<p style=\"text-align: center\">Spotify AB<br \/>\nBirger Jarlsgatan 61, 10tr<br \/>\n113 56 Stockholm<br \/>\nSweden<br \/>\n556786-5729<\/p>\n<p style=\"text-align: center\"><em>Main Headquarters<\/em><\/p>\n<p style=\"text-align: center\">Spotify Ltd.<br \/>\n4th Floor<br \/>\n25 Argyll Street<br \/>\nLondon W1F 7TU<br \/>\nUnited Kingdom<\/p>\n<p style=\"text-align: center\"><em>USA Headquarters<\/em><\/p>\n<p style=\"text-align: center\">Spotify USA Inc<br \/>\n45 W. 18th Street<br \/>\n7th Floor<br \/>\nNew York, NY 10011<br \/>\nUSA<\/p>\n<p style=\"text-align: center\">http:\/\/www.spotify.com\/<\/p>\n<hr \/>\n<p style=\"text-align: center\"><strong>Key Executives <a href=\"http:\/\/www.bloomberg.com\/research\/stocks\/private\/people.asp?privcapId=49444968\">(2)<\/a><\/strong><\/p>\n<div style=\"width: 201px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"\" src=\"https:\/\/recodetech.files.wordpress.com\/2014\/02\/barry-mccarthy-clinkle-spotify.jpg?quality=80&amp;strip=info&amp;w=1200\" alt=\"\" width=\"191\" height=\"130\" \/><p class=\"wp-caption-text\">Barry McCarthy- Chief Financial Officer<\/p><\/div>\n<div id=\"attachment_24449\" style=\"width: 184px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/03\/daniel_ek_closeup.jpg\"><img aria-describedby=\"caption-attachment-24449\" loading=\"lazy\" class=\" wp-image-24449\" src=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/03\/daniel_ek_closeup-300x300.jpg\" alt=\"Daniel Ek: CEO &amp; Co-Founder\" width=\"174\" height=\"174\" srcset=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/03\/daniel_ek_closeup-300x300.jpg 300w, https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/03\/daniel_ek_closeup-150x150.jpg 150w, https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/03\/daniel_ek_closeup.jpg 636w\" sizes=\"(max-width: 174px) 100vw, 174px\" \/><\/a><p id=\"caption-attachment-24449\" class=\"wp-caption-text\">Daniel Ek: CEO &amp; Co-Founder<\/p><\/div>\n<div style=\"width: 209px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"\" src=\"https:\/\/pbs.twimg.com\/profile_images\/520103439075139584\/-G4zagcD_400x400.jpeg\" alt=\"\" width=\"199\" height=\"199\" \/><p class=\"wp-caption-text\">Martin Lorentzon- Co-Founder and Chairman of The Board<\/p><\/div>\n<div id=\"attachment_24457\" style=\"width: 208px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/03\/steve_savoca.jpg\"><img aria-describedby=\"caption-attachment-24457\" loading=\"lazy\" class=\" wp-image-24457\" src=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/03\/steve_savoca-300x300.jpg\" alt=\"Steve Savoca-Head of Content\" width=\"198\" height=\"198\" srcset=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/03\/steve_savoca-300x300.jpg 300w, https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/03\/steve_savoca-150x150.jpg 150w, https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/03\/steve_savoca.jpg 636w\" sizes=\"(max-width: 198px) 100vw, 198px\" \/><\/a><p id=\"caption-attachment-24457\" class=\"wp-caption-text\">Steve Savoca-Head of Content<\/p><\/div>\n<div style=\"width: 195px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"\" src=\"https:\/\/pbs.twimg.com\/profile_images\/530020600924749824\/IGXcsKVE.jpeg\" alt=\"\" width=\"185\" height=\"185\" \/><p class=\"wp-caption-text\">Gustav S\u00f6derstr\u00f6m- Chief Product Officer<\/p><\/div>\n<hr \/>\n<p style=\"text-align: center\"><strong>Overview (Clip courtesy of <a href=\"https:\/\/vimeo.com\/1900024\">Vimeo<\/a>)<\/strong><\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/player.vimeo.com\/video\/1900024\" width=\"584\" height=\"329\" frameborder=\"0\" title=\"Spotify &ndash; the story\" webkitallowfullscreen mozallowfullscreen allowfullscreen><\/iframe><\/p>\n<p style=\"text-align: left\"><a href=\"https:\/\/www.spotify.com\/us\/\">Spotify<\/a> is a commercial music streaming service based in Stockholm, Sweden that provides licensed, label-approved content to consumers using a &#8220;freemium&#8221; business model <a href=\"https:\/\/www.spotifyartists.com\/spotify-explained\/\">(4)<\/a>. Launched in October, 2008 by Swedish entrepreneurs <a href=\"http:\/\/www.billboard.com\/articles\/business\/6590101\/daniel-ek-spotify-ceo-streaming-feature-tidal-apple-record-labels-taylor-swift\">Daniel Ek<\/a> and <a href=\"https:\/\/www.chalmers.se\/en\/about-chalmers\/alumni\/chalmersprofiles\/Pages\/Martin-Lorentzon---Founder-of-Spotify.aspx\">Martin Lorentzon<\/a>, the privately held company has amassed over 75 million users in just 7 years, 20 million of which subscribe to the premium service <a href=\"http:\/\/time.com\/3906839\/spotify-tips\/\">(3)<\/a>. \u00a0Available on Mac, Windows, smartphones, tablets, and Smart TV&#8217;s, Spotify revolutionized how users could access the world&#8217;s music from any platform. By providing a cost-effective, accessible alternative to piracy, Spotify has changed the landscape of engaging with music content.<\/p>\n<hr \/>\n<p style=\"text-align: center\"><strong>Financial Information and Revenue Model<\/strong><\/p>\n<p style=\"text-align: left\">Spotify is a privately held and funded company that has no plans of going public as of now, but they have CFO Barry McCarthy on the board, who helped make Netflix a public company, so that may change in the near future <a href=\"http:\/\/www.huffingtonpost.com\/2015\/06\/18\/spotify-barry-mcarthy_n_7612464.html\">(5)<\/a>. Currently valued at more than 8 billion, Spotify is essentially worth more than the entire recording\u00a0industry combined, which is around 7 billion <a href=\"http:\/\/www.digitalmusicnews.com\/2015\/04\/19\/spotify-is-now-worth-more-than-the-entire-us-recording-industry\/\">(6)<\/a>. In terms of a revenue model, Spotify employs the &#8220;freemium&#8221; approach, which means that the basic service is free with<\/p>\n<div id=\"attachment_26329\" style=\"width: 266px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/Screen-Shot-2015-12-01-at-7.23.38-PM.png\"><img aria-describedby=\"caption-attachment-26329\" loading=\"lazy\" class=\" wp-image-26329\" src=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/Screen-Shot-2015-12-01-at-7.23.38-PM-300x150.png\" alt=\"Royalties from Spotify Favor the Artist.\" width=\"256\" height=\"133\" \/><\/a><p id=\"caption-attachment-26329\" class=\"wp-caption-text\"><a href=\"https:\/\/www.spotifyartists.com\/spotify-explained\/\">Royalties from Spotify Favor the Artist.<\/a><\/p><\/div>\n<p style=\"text-align: left\">advertising interruptions, but users can pay $9.99 per month for an ad-free service that can be accessed offline <a href=\"https:\/\/www.spotifyartists.com\/spotify-explained\/\">(4)<\/a>. Also, there is an option for college students to access the premium service for $4.99 a month, making the service extremely<\/p>\n<div id=\"attachment_26330\" style=\"width: 322px\" class=\"wp-caption alignright\"><a href=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/Screen-Shot-2015-12-01-at-1.04.16-AM.png\"><img aria-describedby=\"caption-attachment-26330\" loading=\"lazy\" class=\" wp-image-26330\" src=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/Screen-Shot-2015-12-01-at-1.04.16-AM-300x75.png\" alt=\"How Royalties are Calculated.\" width=\"312\" height=\"87\" \/><\/a><p id=\"caption-attachment-26330\" class=\"wp-caption-text\"><a href=\"https:\/\/www.spotifyartists.com\/spotify-explained\/\">How Royalties are Calculated.<\/a><\/p><\/div>\n<p style=\"text-align: left\">attractive to advertisers looking to target a younger demographic <a href=\"https:\/\/www.spotifyartists.com\/spotify-explained\/\">(4)<\/a>. When it comes to paying royalties back to label and music providers, Spotify pays rights holders 70% of all revenue generated. \u00a0Royalty payment amounts are based on individual deals that factor in country, artist, and the amount of premium users <a href=\"https:\/\/www.spotifyartists.com\/spotify-explained\/\">(4)<\/a>.<\/p>\n<hr \/>\n<p style=\"text-align: center\"><strong>Interface<\/strong><\/p>\n<p>&nbsp;<\/p>\n<div id=\"attachment_26370\" style=\"width: 398px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/Screen-Shot-2015-12-01-at-10.44.22-PM.png\"><img aria-describedby=\"caption-attachment-26370\" loading=\"lazy\" class=\" wp-image-26370\" src=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/Screen-Shot-2015-12-01-at-10.44.22-PM-300x170.png\" alt=\"An example of Spotify's desktop interface.\" width=\"388\" height=\"226\" \/><\/a><p id=\"caption-attachment-26370\" class=\"wp-caption-text\">An example of Spotify&#8217;s desktop interface. (Provided by <a href=\"http:\/\/Spotify.com\">Spotify<\/a>)<\/p><\/div>\n<div id=\"attachment_26377\" style=\"width: 179px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/IMG_1453.png\"><img aria-describedby=\"caption-attachment-26377\" loading=\"lazy\" class=\"size-medium wp-image-26377\" src=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/IMG_1453-169x300.png\" alt=\"An Example of Spotify's Mobile Interface.\" width=\"169\" height=\"300\" srcset=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/IMG_1453-169x300.png 169w, https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/IMG_1453-577x1024.png 577w, https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/IMG_1453.png 640w\" sizes=\"(max-width: 169px) 100vw, 169px\" \/><\/a><p id=\"caption-attachment-26377\" class=\"wp-caption-text\">An Example of Spotify&#8217;s Mobile Interface. (Provided by <a href=\"http:\/\/Spotify.com\">Spotify<\/a>)<\/p><\/div>\n<hr \/>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center\"><strong>Streaming Wars: A Market Fragments<\/strong><\/p>\n<p>From its release in the U.S, Spotify had dominated the music streaming market with little to no resistance. However, several competitors have begun to pop up, making the market more fragmented than ever. The most notable of these competitors is the recently released <a href=\"http:\/\/www.apple.com\/music\/\">Apple Music<\/a>, which currently boasts close to 15 million subscribers, 6.5<\/p>\n<div style=\"width: 267px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" class=\"\" src=\"http:\/\/www.allaccess.com\/assets\/img\/editorial\/raw\/ap\/AppleMusicLogo.jpg\" alt=\"\" width=\"257\" height=\"149\" \/><p class=\"wp-caption-text\">A new competitor has popped up trying to establish market share.<a href=\"http:\/\/www.allaccess.com\/assets\/img\/editorial\/raw\/ap\/AppleMusicLogo.jpg\"> Apple Music Logo<\/a><\/p><\/div>\n<p>of which are paid users of the premium service <a href=\"http:\/\/www.wsj.com\/articles\/apple-ceo-tim-cook-apple-music-has-15-million-users-1445319068\">(6)<\/a>. While this remains a fraction of Spotify&#8217;s number, it still is notable due to the fact that the service is less than a year old, and offered a free 3 month premium trial to anyone who signed up. To compete against this, Spotify announced its own trial period, offering 3 months of premium access for just 99 cents <a href=\"https:\/\/www.spotify.com\/us\/premium\/?utm_source=google&amp;utm_medium=useraquisition_9306101469&amp;utm_campaign=360i%7CGGL%7CSPOTIFY%7CSEM%7CBRD%7CBROAD%7CCore_Plus&amp;utm_content=CLGl3bXZvckCFYT1HwodA7EG0A&amp;utm_term=43700007201124706_c&amp;&amp;&amp;gclid=CLGl3bXZvckCFYT1HwodA7EG0A&amp;gclsrc=aw.ds\">(7)<\/a>\u00a0.<\/p>\n<p>Another\u00a0reason Apple was able to grab a share of the market so quickly was its focus on artist-generated content and live curated radio by popular DJs on their &#8220;<a href=\"https:\/\/twitter.com\/Beats1?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\">Beats Radio 1<\/a>&#8221; Platform. Boasting celebrity DJs such as <a href=\"http:\/\/www.biography.com\/people\/drake-596834\">Drake<\/a> and <a href=\"http:\/\/www.biography.com\/people\/pharrell-williams\">Pharrell Williams<\/a> to host live shows and create curated content, Apple has been able to get users excited by having exclusive mixes\u00a0created by artists <a href=\"http:\/\/www.bbc.co.uk\/newsbeat\/article\/33286170\/drake-pharrell-elton-john-revealed-as-apple-beats-1-radio-show-hosts\">(8)<\/a>. In response to Beats 1, Spotify has created &#8220;<a href=\"http:\/\/www.nme.com\/news\/various-artists\/89305\">In Residence<\/a>,&#8221; a series of podcast playlists curated by the likes of former Sex Pistol <a href=\"http:\/\/www.biography.com\/people\/steve-jones-20883071\">Steve Jones<\/a> and alternative rock band <a href=\"http:\/\/hereandnow.wbur.org\/2014\/06\/23\/jungle-music-collective\">Jungle<\/a>\u00a0<a href=\"http:\/\/www.nme.com\/news\/various-artists\/89305\">(9)<\/a>. Although they lack the live component of Beats 1, Spotify hopes to expand this feature to more artists aimed a younger demographic.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center\"><strong>Personal Curation\u00a0<\/strong><\/p>\n<p>Also in the realm of curated content to compete with Apple, Spotify has scored a hit with its new &#8220;<a href=\"https:\/\/press.spotify.com\/us\/2015\/07\/20\/introducing-discover-weekly-your-ultimate-personalised-playlist\/\">Discover Weekly<\/a>&#8221; feature. Launched this quarter, the new addition creates<\/p>\n<div id=\"attachment_26164\" style=\"width: 377px\" class=\"wp-caption alignright\"><a href=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/Screen-Shot-2015-12-01-at-7.19.38-PM.png\"><img aria-describedby=\"caption-attachment-26164\" loading=\"lazy\" class=\" wp-image-26164\" src=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2015\/09\/Screen-Shot-2015-12-01-at-7.19.38-PM-300x172.png\" alt=\"Spotify has become the most popular streaming service worldwide.\" width=\"367\" height=\"215\" \/><\/a><p id=\"caption-attachment-26164\" class=\"wp-caption-text\">Spotify has become the most popular streaming service worldwide. <a href=\"http:\/\/techcrunch.com\/2015\/12\/01\/spotify-claims-streaming-music-throne-worldwide-but-pandora-is-still-top-service-in-u-s\/#.clsgvqo:JNyU\">Courtesy of App Annie<\/a><\/p><\/div>\n<p>customized 2-hour playlists for users each week based on listening history and habits.\u00a0Having\u00a0accumulated 1.7 billion streams since launch, Spotify&#8217;s head of product Matt Ogle said the feature has, &#8220;Exceeded our expectations.&#8221; <a href=\"http:\/\/time.com\/4131520\/spotify-discover-weekly-playlists\/\">(10)<\/a>\u00a0\u00a0This suggestion\/discovery model is another reason Spotify has usurped the throne of most popular streaming service from Pandora, the internet radio service, this quarter <a href=\"http:\/\/www.radioandmusic.com\/biz\/music\/music-services\/151202-beating-pandora-spotify-becomes-worlds-go\">(11)<\/a>\u00a0.<\/p>\n<p>Examples like these show how, even in an evolving market, Spotify has found ways to stay on top when it comes to music streaming through new ways for users to engage with music. This yields results, as they are now able to dominate globally.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center\"><strong>Spotify and Artists: The Good, The Bad, and The Ugly<\/strong><\/p>\n<p style=\"text-align: left\">This past semester, Spotify has had both positive and questionable interactions with content creators. Here are some notable ones:<\/p>\n<p style=\"text-align: left\"><strong>The Good: The &#8220;Year in Music&#8221;\u00a0<a href=\"http:\/\/www.billboard.com\/articles\/news\/6778065\/spotify-year-music-lists-2015-drake-rihanna-major-lazer-ed-sheeran\">(12)<\/a><\/strong><\/p>\n<p style=\"text-align: left\">On November 30th, Spotify released its annual &#8220;Year in Music&#8221; figures to the public, showcasing how Spotify numbers have become a legitimate measurement for success in the industry, and how it can be extremely beneficial for exposing music to a large audience.<\/p>\n<p style=\"text-align: left\">In 2015, Spotify users streamed over 20 Billion hours of music across all platforms. Within those 20 billion hours, rapper Drake was the most popular, with 1.6 billion streams and 46 million unique listeners, showing how Spotify has helped his music reach a massive audience. Also, <a href=\"http:\/\/www.billboard.com\/artist\/308937\/major-lazer\/biography\">Major Lazer&#8217;s<\/a> track, &#8220;Lean On&#8221; was named the most streamed track ever, with 540 million plays overall worldwide. <a href=\"http:\/\/www.biography.com\/people\/justin-bieber-522504\">Justin Bieber<\/a> also broke records with his new album &#8220;Purpose,&#8221; getting 36 million streams on November 13th, the day it was released (available for streaming via Spotify below). These numbers show the power streaming can give the artist, as getting 36 million plays the first day an album was released was virtually impossible in the days of solely physical releases.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/embed.spotify.com\/?uri=spotify:track:2IjyFRCRn8x1bEquOM3vxg\" width=\"300\" height=\"380\" frameborder=\"0\" allowtransparency=\"true\"><\/iframe><\/p>\n<p style=\"text-align: left\"><strong>The Bad: Adele and 25 Absent on Spotify\u00a0<a href=\"http:\/\/www.theverge.com\/2015\/12\/1\/9831048\/adele-streaming-quote-spotify-cds\">(13)<\/a>\u00a0<\/strong><\/p>\n<p style=\"text-align: left\">Although numbers for streaming are higher than ever, the projected highest-selling album of the year, English songstress <a href=\"http:\/\/www.biography.com\/people\/adele-20694679\">Adele&#8217;s<\/a> &#8220;25&#8221;, was not put up for streaming on Spotify at<\/p>\n<div style=\"width: 350px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" class=\"\" src=\"http:\/\/nme.assets.ipccdn.co.uk\/images\/2015Adele_Press_261015.article_x4.jpg\" alt=\"\" width=\"340\" height=\"205\" \/><p class=\"wp-caption-text\">Adele isn&#8217;t Spotify&#8217;s biggest fan. <a href=\"http:\/\/xlrecordings.com\/index.php\/buy#adele-25\">Courtesy of XL Recordings<\/a><\/p><\/div>\n<p style=\"text-align: left\">her request. Having sold over 4 million copies in the US alone, the album is breaking sales records in an era where album sales are at their lowest point in history. This album would have surely boosted streaming numbers for Spotify and boosted ad sales to target free users. When asked about the lack of streaming for &#8220;25&#8221;, Adele said, &#8220;It probably is the<\/p>\n<p style=\"text-align: left\">future, but,\u00a0<em>eh<\/em>,&#8221; showing her lack of enthusiasm towards the method. To make matters worse, Pandora has exclusive rights to the album, putting the potential revenue in a competitor&#8217;s hands.<\/p>\n<p style=\"text-align: left\"><strong>The Ugly: Victory Records Controversy\u00a0<a href=\"http:\/\/www.rollingstone.com\/music\/news\/spotify-drops-victory-records-catalog-over-disputed-royalties-20151020\">(14)<\/a>\u00a0<\/strong><\/p>\n<p style=\"text-align: left\">The catalog of indie rock label <a href=\"https:\/\/www.victoryrecords.com\">Victory<\/a> was pulled off of Spotify after the company inquired with Spotify about inadequate royalty payments. This practice of taking catalogs off the service is ugly because it sets a dangerous precedent for indie labels in a streaming<\/p>\n<div style=\"width: 260px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" class=\"\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/c\/c2\/VictoryRecords.png\/250px-VictoryRecords.png\" alt=\"\" width=\"250\" height=\"260\" \/><p class=\"wp-caption-text\">Victory Records Logo. <a href=\"http:\/\/images.victoryrecords.com\/600\/victoryrecords.jpg\">Courtesy of Victory<\/a><\/p><\/div>\n<p style=\"text-align: left\">climate, who may not have as much leverage to negotiate with Spotify as a major label like <a href=\"http:\/\/www.universalmusic.com\">UMG<\/a> would. Marginalizing independent music on Spotify would hurt not only the artists, but create an environment where conglomerates make all decisions.<\/p>\n<p style=\"text-align: left\">Hopefully Spotify could expand on positive artist relations while attempting to help others be more comfortable with streaming in the future.<\/p>\n<hr \/>\n<p style=\"text-align: center\"><strong>Overview<\/strong><\/p>\n<p style=\"text-align: left\">Spotify has had a tumultuous but overall successful few months, as they navigated an evolving, fragmenting market successfully and have become the de facto music streaming service around the globe. It will be interesting to see how they can deal with a rising Apple Music and recent backlash over royalties and label agreements while still engaging users with curated and personalized content.<\/p>\n<hr \/>\n<p style=\"text-align: center\"><strong>Sources<\/strong><\/p>\n<p><a href=\"https:\/\/www.spotify.com\/us\/about-us\/contact\/\">(1)<\/a><strong>\u00a0<\/strong><a href=\"https:\/\/www.spotify.com\/us\/about-us\/contact\/\">Spotify<\/a>\u00a0<em>About Us<\/em><\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/research\/stocks\/private\/people.asp?privcapId=49444968\">(2) Bloomberg Business<\/a><em>\u00a0Company Overview of Spotify<\/em><\/p>\n<p><a href=\"http:\/\/time.com\/3906839\/spotify-tips\/\">(3)<\/a>\u00a0<a href=\"http:\/\/time.com\/3906839\/spotify-tips\/\">Time Magazine<\/a>\u00a0<em>What is Spotify?<\/em><\/p>\n<p><a href=\"https:\/\/www.spotifyartists.com\/spotify-explained\/\">(4)<\/a><a href=\"https:\/\/www.spotifyartists.com\/spotify-explained\/\">\u00a0Spotify Artists<\/a>\u00a0<em>Spotify Explained<\/em><\/p>\n<p><a href=\"http:\/\/www.huffingtonpost.com\/2015\/06\/18\/spotify-barry-mcarthy_n_7612464.html\">(5)<\/a><a href=\"http:\/\/www.huffingtonpost.com\/2015\/06\/18\/spotify-barry-mcarthy_n_7612464.html\">\u00a0Huffington Post<\/a>\u00a0<em>Spotify Just Hired The Man Who Took Netflix Public<\/em><\/p>\n<p><a href=\"http:\/\/www.digitalmusicnews.com\/2015\/04\/19\/spotify-is-now-worth-more-than-the-entire-us-recording-industry\/\">(6)<\/a><a href=\"http:\/\/www.digitalmusicnews.com\/2015\/04\/19\/spotify-is-now-worth-more-than-the-entire-us-recording-industry\/\">\u00a0Digital Music News<\/a>\u00a0<em>Spotify now Worth More Than Entire Recording Industry<\/em><\/p>\n<p><a href=\"http:\/\/www.wsj.com\/articles\/apple-ceo-tim-cook-apple-music-has-15-million-users-1445319068\">(6)<\/a>\u00a0<a href=\"http:\/\/www.wsj.com\/articles\/apple-ceo-tim-cook-apple-music-has-15-million-users-1445319068\">Wall Street Journal<\/a>\u00a0<i>\u00a0Apple Music Now has 15 Million Users<\/i><\/p>\n<p><a href=\"https:\/\/www.spotify.com\/us\/premium\/?utm_source=google&amp;utm_medium=useraquisition_9306101469&amp;utm_campaign=360i%7CGGL%7CSPOTIFY%7CSEM%7CBRD%7CBROAD%7CCore_Plus&amp;utm_content=CLGl3bXZvckCFYT1HwodA7EG0A&amp;utm_term=43700007201124706_c&amp;&amp;&amp;gclid=CLGl3bXZvckCFYT1HwodA7EG0A&amp;gclsrc=aw.ds\">(7)<\/a>\u00a0<a href=\"https:\/\/www.spotify.com\/us\/premium\/?utm_source=google&amp;utm_medium=useraquisition_9306101469&amp;utm_campaign=360i%7CGGL%7CSPOTIFY%7CSEM%7CBRD%7CBROAD%7CCore_Plus&amp;utm_content=CLGl3bXZvckCFYT1HwodA7EG0A&amp;utm_term=43700007201124706_c&amp;&amp;&amp;gclid=CLGl3bXZvckCFYT1HwodA7EG0A&amp;gclsrc=aw.ds\">Spotify\u00a0<\/a><em>Premium for 99 Cents<\/em><\/p>\n<p><a href=\"http:\/\/www.bbc.co.uk\/newsbeat\/article\/33286170\/drake-pharrell-elton-john-revealed-as-apple-beats-1-radio-show-hosts\">(8)<\/a>\u00a0<a href=\"http:\/\/www.bbc.co.uk\/newsbeat\/article\/33286170\/drake-pharrell-elton-john-revealed-as-apple-beats-1-radio-show-hosts\">BBC<\/a>\u00a0<em>Beats 1 Radio Hosts<\/em><\/p>\n<p><a href=\"http:\/\/www.nme.com\/news\/various-artists\/89305\">(9)<\/a>\u00a0<a href=\"http:\/\/www.nme.com\/news\/various-artists\/89305\">NME<\/a>\u00a0<em>Spotify Introduces &#8220;In Residence&#8221;<\/em><\/p>\n<p><a href=\"http:\/\/time.com\/4131520\/spotify-discover-weekly-playlists\/\">(10)<\/a>\u00a0<a href=\"http:\/\/time.com\/4131520\/spotify-discover-weekly-playlists\/\">Time<\/a>\u00a0<em>Here&#8217;s The Story Behind Spotify&#8217;s Coolest Feature<\/em><\/p>\n<p><a href=\"http:\/\/www.radioandmusic.com\/biz\/music\/music-services\/151202-beating-pandora-spotify-becomes-worlds-go\">(11)<\/a>\u00a0<a href=\"http:\/\/www.radioandmusic.com\/biz\/music\/music-services\/151202-beating-pandora-spotify-becomes-worlds-go\">Radio and Music<\/a>\u00a0<em>Spotify Becomes World&#8217;s go-to Streaming Service<\/em><\/p>\n<p><a href=\"http:\/\/www.billboard.com\/articles\/news\/6778065\/spotify-year-music-lists-2015-drake-rihanna-major-lazer-ed-sheeran\">(12)<\/a>\u00a0<a href=\"http:\/\/www.billboard.com\/articles\/news\/6778065\/spotify-year-music-lists-2015-drake-rihanna-major-lazer-ed-sheeran\">Billboard<\/a>\u00a0<em>Spotify&#8217;s Year in Music<\/em><\/p>\n<p><a href=\"http:\/\/www.theverge.com\/2015\/12\/1\/9831048\/adele-streaming-quote-spotify-cds\">(13)<\/a> <a href=\"http:\/\/www.theverge.com\/2015\/12\/1\/9831048\/adele-streaming-quote-spotify-cds\">The Verge<\/a>\u00a0<em>Adele Admits Streaming is Probably The Future, Still Doesn&#8217;t Care<\/em><\/p>\n<p><a href=\"http:\/\/www.rollingstone.com\/music\/news\/spotify-drops-victory-records-catalog-over-disputed-royalties-20151020\">(14)<\/a>\u00a0<a href=\"http:\/\/www.rollingstone.com\/music\/news\/spotify-drops-victory-records-catalog-over-disputed-royalties-20151020\">Rolling Stone<\/a>\u00a0<em>Spotify Drops Victory Records Catalog Over Disputed Royalties<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grant Nygaard &nbsp; Headquarters (1) Research &amp; Development Spotify AB Birger Jarlsgatan 61, 10tr 113 56 Stockholm Sweden 556786-5729 Main Headquarters Spotify Ltd. 4th Floor 25 Argyll Street London W1F 7TU United Kingdom USA Headquarters Spotify USA Inc 45 W. &hellip; <a href=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/2015\/09\/30\/spotify-1\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":518,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4580],"tags":[2394,4810,4809,1463,4805,2362,4807,4806,4585,4808,3750,2354,4812,4811],"_links":{"self":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/25452"}],"collection":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/users\/518"}],"replies":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/comments?post=25452"}],"version-history":[{"count":12,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/25452\/revisions"}],"predecessor-version":[{"id":26820,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/25452\/revisions\/26820"}],"wp:attachment":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/media?parent=25452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/categories?post=25452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/tags?post=25452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}