Spotify Redefines Music - Again
"We want music to be like water -- available everywhere, available seamlessly," Spotify CEO and founder Daniel Ek.
There has been much interest of late at reviewing the difference between the digital journey’s of books and music. We wrote about this some 5 years ago in the Brave New World report and although the media have evolved the roots of the divide were clear laid many years ago and the divide very clear. However, there is much to learn from other media and today those smart guys at Spotify delivered another lesson in digital evolution in a press event in New York.
Spotify announced the birth of a redefined social media platform based around full member participation, added value supplementary content and what can be best described as a music platform which would make iTunes look sterile and clunky and Amazon a music shop -full stop. Along with Spotify’s on demand model the platform could not only change music but the commercial model of digital music for all. Sounds grand and overstated and the only thing potentially standing in their way is the music business itself, which would be an irony given the opportunity potentially on offer and the dire position of the current model. The other potential issue is whether developers will build apps for the platform
Spotify are releasing a new API (application programming interface) that will let developers create apps coded in HTML5, and powered from within the Spotify app. Spotify will add a section called the "App Finder" on the left side of its landing page. Spotify is also building its own new features which include ‘favorite friends’.
It’s like the democratisation of music and the creation of new ways to share music, reviews, information, lyrics, concerts tickets etc. It would enhance the subscription service adding a significant number of optional features that will be invisible to users who just want the vanilla version. Publications such as The Rolling Stone are on board and its co-founder Jann Wenner states that the service is “really just the perfect companion to read about the stuff you want to hear as you hear it.” Rolling Stone plans to ctreate playlists for release on Spotify. Last.fm are to provide an app that lets members share their songs with each other, see what other members are listening to and display album covers. Hovering over an album cover in both the Rolling Stone and Last.fm apps will trigger them to play one of the album's tracks. Another app, from Songkick, shows users what concerts are playing in town. It uses their playlists as the base to recommend concerts they might be interested in and displays the locations of those concerts. The location display includes a Google Map.
The list of partners at the launch was an impressive gathering of players; Last.fm, TuneWiki, The Guardian, Dagbladet, We Are Hunted, Soundrop, Top10, Billboard, Fuse, Gaffa, Pitchfork, ShareMyPlaylists, Tunigo, Songkick,and MoodAgent. Now imagine you are a musician and what you could do on a platform that today has 2.5 million subscribers and growing and is both established in Europe and the US.
The jury is still out as to what this will mean to the relationship with Facebook nwhich has helped Spotify’s growth but if they remain coupled then it is easy to envisage mutual benefit.
Despite the recent removal of some indie labels Spotify’s 15 million legally-licensed songs must offer a significant opportunity for app developers to create a music platform which would be difficult to emulate and could actually move music fully into a on demand world and change how we pay, listen and relate to all things musical.
Blogs
Platinum Sponsors
Gold Sponsors
Podcast
Recent blog posts
- In search of Project Z
- OMG£££ - iPad apps and learning from games, pt 1
- Knowing Your Audience is Key
- When e-books were growing
- Joining up the reading universe
- How digital stalking can get you published
- Playing publishing roulette with Stephen Leather
- Has Pottermore cast the Riddikulus spell on Amazon?
- The digital-only model is cool for cats - and even Shakespeare
- Publishers keep passing the open windows
Recent comments
- Self vs Indie
1 week 5 days ago - digital downloads
1 week 6 days ago - Customer support
2 weeks 2 days ago - huh
2 weeks 4 days ago - SoA
2 weeks 5 days ago - Futurebook also had a review of an ebook lender startup
2 weeks 5 days ago - I'm with you on this.
2 weeks 5 days ago - Excellent startup
2 weeks 6 days ago - AT LAST...
3 weeks 5 days ago - Books aren't fungible, bookselling is
3 weeks 6 days ago
















Comments
Spotify for Books
I have made the obvious link to online books , on demand and a subscription based model many times and actually it is as easy to extend a platform to cover all media as it is to restrict it to one. The challenges to music are similar to those of all media and that is the incumbent rights owners. At least with music the numbers are significantly fewer but as with many they all hate change especially to revenue models.
The interesting thing about Spotify is that they must build a platform that differentiates them from iTunes, Pandora, Last FM etc and the bland download music offers out there today from any one with a white label presence. Amazon can’t do social and the integration that Spotify is doing (or should I say they can do anything but their real estate will get in the way of the execution today).
I see no one really taking this on in books and frankly we have to get past the ‘dry and dull’ and the poor social offers that have failed todate (Copia, BookRabbit and a host of closed genre sites) and of course literati and the ‘we can do it all by ourselves’ syndrome that litters many strategy, before we start to see exciting opportunities in this sector. I can see verticals but they rely of some element of collaboration (not something many are noted for).
There are two elements the business model and the vision. Maybe Kobo will do it, maybe Facebook but its hard to see a runner today for what is a very obvious and significant opportunity
Not all media is the same
I don't think all the media are completely the same, as I stated in this series. We do face a lot of the same challenges, but there is a big difference in the way books are consumed in comparison to music. Which will have its effect on future business models as well. Spotify makes its money on paid subscribers listening to music over and over again. And there are a lot of the same numbers/albums involved here. With books this is not realistic. How many people read the same book more than once? And if they do, in what time will they do that? This means there is a lot of thought needed for the business model of such a new way of consuming. Let alone the rights that A) need to be arranged (I don't see this happening very quickly, you?), and B) how will they be monitized?
The platform they have, and are now expanding is very interesting. Instead of only relying on Facebook integration, they are now making their own (social) ecosystem. The first responses are very positive.
I agree with you on the fact that there is no such alternative in the book world right now, that comes close to Spotify. Maybe 24Symbols, but they miss one big asset: enough titles. I think that it has to come from a newcomer, or a big retailer, say Kobo (but with no intertwined interests).
I agree on your two elements, but I'dd like to add a third one: content. Content is king, and a service like this can only succeed when it has so much content, that you find what you are looking for (in 8 out of your 10 searches). If that is not the case, you'll get disappointed, leave the service for what it is and will probably never return.
So this means a lot of preparation is needed (arranging titles, so arranging the rights, which means new contracts or addenda, which needs a business model that persuades publishers, authors and agents).
Interesting developments
Interesting developments indeed. I was wondering why you kept your blog on this news fact only and didn't make the link to a Spotify for Books? My personal opinion (but that might be obvious) is, that we are heading the same way: going from ownership to access (streaming content).
Post new comment