Spotify IPO a resounding success on Wall Street

Spotify IPO - Sucess - music streaming - wallstreet - spotify sotcks

The circumstance has left many wondering what it will mean for music streaming’s future. The Spotify IPO has been labeled a powerful success, though many are now curious about what it will do to music streaming. The Swedish company now has a valuation of about $26.6 billion. On its first day, Spotify’s market share skyrocketed but has fallen since that time. The share prices fell following the Spotify IPO as a result of less-than perfect confidence in the company’s business model, reported Reuters. That said, the company’s performance may say…

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Digital downloads outpaced by CDs and vinyl for first time in 7 years

Digital Downloads - Vinyl Sales - People buying records

Mobile commerce made many believe purchasing physical copies of media was on its way out. Digital downloads have been on the rise for years. Many have believed that CDs were going the way of vinyl, and vinyl had gone the way of the dinosaur. That said, for the first time since 2011, CDs and vinyl sales are now outpacing media downloading. When iPods and other MP3 players first became popular, the need to buy and store CDs fell. Once those portable media players hit the market, digital downloads and music…

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Spotify QR codes change the sharing game among app users

spotify qr codes

The music streaming service is adding Spotify Codes to its mobile app to simplify feature usage. New Spotify QR codes are helping the streaming service app to be more user friendly. The barcodes, called “Spotify Codes” are meant to make all the different spotify features simpler and more direct. The mobile app users can scan QR codes for every one of the songs to share the tunes they like. The Spotify QR codes work by providing a unique barcode for each song. That way, if they want to share a…

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Apple Music streaming service launched

Apple Music app

The new service combines a number of options, including streaming, downloads, and internet radio. The iPhone maker has now launched a new service called Apple Music that has been designed to place them in direct competition with Spotify. The launch took place in San Francisco at its annual developers conference. This new music streaming service is the result of partnerships with rap super-celebrities Pharrell and Drake. The new Apple Music service represents the company’s first steps into streaming music, despite the fact that it was essentially the creator of the…

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Mobile security step recommended for Android users by Spotify

spotify mobile security for android

Following the recent breach, the company is now recommending that users update their apps. Spotify has come out with a mobile security strategy for individuals using Android devices and who use its popular music service, by requiring them to install new software to help to protect them against potential damage from a recent breach. So far, the cyberattack appears to have affected only one user account, according to the company. The initial disclosure of the mobile security breach at Spotify was made by the company’s chief technology officer, Oskar Stal.…

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Music apps make big mobile waves

Spotify, one of several leaders in the music streaming service realm, just made a power move that will definitely increase previous reports of their having 24 million active users across the globe: Their mobile app is now available for free. According to Spotify, they have witnessed mobile users downloading the app at an increasingly rapid rate. Although they haven’t shared any exact numbers in terms of users—or even updated us on their subscribers total—they did say that four times as many downloads occurred compared to the previous week. That’s the…

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Spotify updates application to support NFC technology

Spotify app with NFC technology

Spotify app gets a high-tech update Acclaimed digital music service Spotify has announced an update for its Android mobile application that will allow it to take advantage of NFC technology. Now, those with the Spotify application will be able to access a variety of NFC-based features that have been included into the “Audio Effects” portion of the app. Spotify is the latest digital service to show support for NFC technology and believes that it may provide a more enjoyable experience to consumers. App will let users share music The updated…

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