UPDATED 11:12 EDT / MARCH 25 2011

Spotify Takes Up Live Broadcasting, Prepares US Launch

Having recently signed  deal with EMI, after having dealt with the 4 major record labels that were reluctant to signing sign deals for the US market, Spotify managed to overcome all barriers and is now investing a great deal of effort in offering improved services to enhance customer satisfaction; on the 5th of April Spotify will broadcast live from a nightclub set simultaneously. This is just the beginning of Spotify moving in the direction of live event broadcasting, serving now over 1 million paid subscribers.

Spotify has a large number of unsubscribed users as well that use a free, ad-based version of the digital music service as well. Recently some of these users of the free version have been targeted by a malware attack, namely Trojan horse Generic_r.FZ.

Although Spotify has not officially launched its services on the US market, the company officials are precautionary and started hiring staff for the New York office. Steve Savoca, former head of digital at Domino Recording, will run Spotify US, along Ken Parks, former attorney for EMI Music.

Spotity’s expansion to the US and recently having reached 1 million paid subscribers indicates that music streaming services have a real potential of digging the download of albums and songs by 2016, given the increasing number of smartphone users and technological advancements that incorporate multimedia capabilities in mobile devices, according to a study conducted by ABI Research.

‘The number of subscribers to mobile music streaming services is expected to approach 5.9 million by the end of this year’, said Aapo Markkanen, analyst at ABI Research. ‘We believe that number will exceed 161 million subscribers in 2016, meaning a compound annual growth rate of nearly 95 percent’.


A message from John Furrier, co-founder of SiliconANGLE:

Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.

  • 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
  • 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
About SiliconANGLE Media
SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.

Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.