Spotify
Spotify
a best music site for music lover and great collection of music
here.There have the oldest and newest song for all type of music go and
enjoy your song from Spotify.
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Spotify is a
Swedish commercial
music streaming,
podcast and
video service that provides
digital rights management-restricted
[3] content from
record labels and media companies.
[4] It is available in most of the Americas, Western Europe and Oceania.
[5] Music can be browsed or searched by artist, album, genre, playlist, or record label.
Spotify operates under a freemium business model, with two music
streaming tiers: Spotify Free (160kbit/s) and Spotify Premium (up to
320kbit/s). Paid
Premium subscriptions (price varies worldwide,
but is US$9.99 per month in the United States) remove advertisements,
improve audio quality and allow users to download music for offline
listening.
[6]
Spotify was launched in October 2008 by Swedish
startup
Spotify AB. As of June 2015 Spotify had more than 75 million active
users, including about 20 million paid users. Spotify Ltd. operates as
the parent company, headquartered in London
[7] while Spotify AB handles research and development in Stockholm.
[8]
Spotify, together with the
music streaming
industry in general, faces some criticism from artists claiming they
are being unfairly compensated for their work as downloaded music sales
decline and music streaming increases. Unlike physical or download
sales, which pay a fixed price per song or album, Spotify pays artists
based on their 'market share' (the number of streams for their songs as a
proportion of total songs streamed on the service). They distribute
approximately 70% to rights-holders who will then pay artists based on
their individual agreements. The unpredictable, and some say inadequate,
nature of this compensation, which has been calculated to be as low as
US$0.0011 per stream
[2], has led to artist criticism.
Most notably,
Thom Yorke and
Taylor Swift's
discography have been pulled from Spotify with Swift claiming "I'm not
ready to donate my life's work to an experiment I don't feel fairly
compensates" (artists). In response Spotify claims that they are
benefiting the music business by migrating "them away from piracy and
less monetised platforms and allowing them to generate far greater
royalties than before" by encouraging users to use their paid service.
Source:-Wikipedia