EOC Week 3: Spotify

Spotify is a new type of 'library' that you can share music and stream it live AND it pays the artists for every time users listen to their material.  
"Spotify is projectingthat it will generate $889 million in revenue this year, TechCrunch reports .That's pretty impressive. It's a real business."

It is a new way for people to find and discover new things, which vary from musicals, comedy, to actual music. Users can access it through both computer OS, and on your mobile phone.

I believe Spotify is important because it is slowing growing. They have already set up new users to make a new account through their Facebook.  Not only does it help Facebook gain more users, but Facebook users learn about Spotify through their friend's posts and learn about it through that way on it's own. 

Spotify is also joining the fight against online piracy. It is paying artists each time their music or other work is listened to by its users. It is a great and easy way for artists to generate funds, but also helps them get discovered by the world since Spotify not only hosts music, but comedy and other audio as well.

"Check out what'shappening to Spotify's daily Facebook-connected users. Spotify connectsdirectly to Facebook. But  Spotify's DAUs(daily active users) drop as low as 4 million users and go as high as 9 millionwithin the course of a few weeks."

Don't have a Facebook? That's okay, because when you sign up for Spotify, they lead you to Facebook so you can make an account there. Not only was it smart for Spotify to partner up with Facebook to get out there more, but now Facebook can gain more users from Spotify. 

Although it is not as popular in the United States yet, the number of users is growing daily.