Spotify is going public next week with an IPO. Who plans on investing?

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Another day, another breach. The latest to disclose that there had been some 'unauthorised access' to systems and internal company data' is music streaming service Spotify. The disclosure itself was something of an odd one, claiming that investigation suggested only a single user's data had been compromised following an issue with the Android app. Oskar Stal, CTO at Spotify, claims that the investigation suggests no password, financial or payment information was accessed. "Based on our findings, we are not aware of any increased risk to users as a result of this incident" Stal insists, continuing "...as a general precaution will …

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Spotify is fast become the de facto way of listening to music online for millions of in the know users. Rather than buy a copy of a track which is downloaded to a player such as an iPod, Spotify users either pay a monthly fee (for a no advert service) or stream their tracks free of charge in exchange for the odd advert here and there. They don't actually own the track, nor do they download it for offline storage; it's like a digital radio where you are the DJ and control the playlists. Indeed, Spotify has been hailed by …

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Sky, better known for news and sport television broadcasting, has today announced that it is entering the online music business with an ad-free streaming download service. All of the four million songs accessible by users of the service will be available by way of unlimited online streaming as well as in MP3 format for storage and playback on any compatible device. Launching on the 19th October, Sky Songs in the UK will start off by providing access to new release and back catalogue songs from EMI. Sony, Universal and Warner along with a host of independent labels for good measure. …

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Just as the excitement started to hot up, first with the news that the controversial and increasingly popular legal free streaming music service Spotify was to open up with the release of a third party developer API, and then with the actual announcement of the availability of [URL="http://developer.spotify.com/en/libspotify/overview/"]Libspotify[/URL] itself, so the reality of the situation pours cold water upon it. What the heck am I talking about? Well, Spotify is perfectly poised to cash in on the [URL="http://www.daniweb.com/blogs/entry4215.html"]potential gap[/URL] that might open up in the online music market as first Apple, and now Amazon, introduce 'variable rate' pricing for downloads. …

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Many UK participants in Daniweb will be aware of the various social media that carry music. They will have been delighted by the free stuff that you can listen to on [URL="http://www.lastfm.com"]Last.FM[/URL], [URL="http://www.spotify.com"]Spotify[/URL] and [URL="http://www.youtube.com"]YouTube[/URL] - you can even get the Beatles on YouTube, which is pretty much unique among online providers. Except that cracks are starting to appear. Yesterday the holders of the rights to music in the UK had a [URL="http://news.bbc.co.uk/1/hi/technology/7933565.stm"]falling-out with YouTube[/URL] so we can expect some of the music to be taken down. Last month Spotify had to start restricting its music along regional lines. I'm …

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The End.