Spotify opens up to third-party applications

Swedish service for streaming music online, Spotify, has opened their doors for fashionable third-party applications.

Chief Executive, Daniel Ek, announced this afternoon in New York that a new platform has been setup that will integrate third party applications to make the service more complete. Any developer can create programs to integrate with Spotify and will be available
for paying customers at a premium.

"We believe it is the next big step for the music industry," said Ek. Current applications that are available for consumers range from those provided by the magazine Rolling Stone magazine, which allows criticisms of albums and concerts. Online radio Last.fm
is also in the same league allowing music recommendations from friends, or TuneWiki, which displays lyrics of songs as they sound, a new kind of karaoke on the Web.

"All these applications are integrated directly into Spotify, both in usability and functionality," said Ek. However he did not clarify whether developers will be charged in the future as Apple does, if they are able to generate income.

The platform is open to developers similar to that of Facebook which has resulted in a huge increase in traffic, and is different from music services from Google, Amazon and Apple.

Spotify has 10 million active registrations, of which 2.5 million are extra. Their catalog of songs exceeds 15 million and adds 20,000 more every day. Ek defended Spotify’s model as a viable solution to combat music piracy on the internet.

"We generated more than the record $ 150 million, we are the second source of digital revenue in Europe, behind only iTunes."

In Sweden, 33% of the population uses Spotify and according to Ek, piracy has been reduced by 25%.

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Posted by Awais Khan on Dec 1 2011. Filed under Business, Entertainment, Europe, Latest News, USA, World. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry