South African singer, Danny K, has just launched his latest album called ‘Good Look’ and with it, an exciting app that was developed with the help of Wonderland collective and Samsung.
On 21 November, Danny K held an exclusive listening session of ‘Good Look’ at Taboo nightclub in Sandton. Not only was his new music put on display, but the app was also unveiled.
Director of Mobile Communications Samsung Electronics South Africa, Craige Fleischer first took to the stage to embrace the partnership between Samsung, Danny K and music.
Business Development Director of Wonderland Works, Graeme Lipschitz, also had the chance to showcase their latest work by introducing the app to the guests, by taking them through the unique design, layout and features. (more…)
We always appreciate any new online music service in South Africa – and the latest entrant is a Finnish company called Spinlet. On a mission to make music fully mobile, affordable and heard,Spinlet will shortly launch its revolutionary music platform in South Africa. This will be the company’s second launch on the African continent. Spinlet’s SA office, based in Cape Town, will drive the company’s expansion into sub-Saharan territories where it will derive its growth from two streams – the music fans and the music artists.
The digital entertainment company was founded in Finland in 2006, and was subsequently acquired by Verod Capital in 2011. In the same year it moved its headquarters to San Francisco in 2011 and opened a marketing and distribution office in Lagos, Nigeria where it has been enthusiastically welcomed by fans and musicians alike.
In the short time it has been operating in Africa, Spinlet has established itself as a serious player in a highly competitive market. “As smartphone and broadband penetration increases and data costs reduce across Africa, we have noted that the appetite for the type of entertainment services which Spinlet can provide has significantly increased” says Neil Schwatrzman, Group CEO of Spinlet. “This has endorsed our decision to target emerging markets in Africa and we look forward to seeing similar levels of enthusiasm from South African music lovers when we launch our download site and mobile app”.
One third of global industry revenue was derived from digital music in 2012, (according to the IFPI, the organisation that represents the music industry worldwide) and this is set to increase year on year. With this in mind, Spinlet has chosen the perfect time to enter the market in Africa as the desire for African grown music continues to expand.
Focused not only on providing music, Spinlet also gives music fans what they want, when and how they want it. This, and the fact that its focus is on growing new music artists and sharing revenue with performers, is what makes Spinlet such an attractive and unique proposition.
Spinlet is uncovering new music talent every day thanks to its ‘Spinners’ – the girls and guys on the ground who are sourcing and recommending new artists and sounds and crowdsourcing relevant and desired content. (more…)
Soon music lovers across the globe might get to experience a better YouTube, if their reported subscription service is to come to life.
According to reports, Google is busy working on a YouTube subscription service which would supply subscribers with on-demand videos and offer them unlimited access to artists and their albums.
The idea is to make the YouTube subscription similar to the likes of popular music streaming services like Spotify or Last.fm. Except, of course, with video.
Although Google have already launched their own music platform, ‘Google Play Music: All Access’ in May of this year, it seems they want to do something similar with YouTube.
Google acquired YouTube in November of 2006. (more…)
The very first YouTube Music Awards will be held o the 3rd of November in New York City. But unlike the Grammy’s or the VMA’s – the YouTube Music Awards will also be placing the spotlight on lesser known artists, that might only be familiar to dedicated subscribers.
That is the thing about YouTube – it serves as a platform for unsigned artists to make their mark on the music industry by reaching millions of people and subscribers.
The YouTube Music Awards will focus on the fact that they give unknown artists a place to express themselves and show of their musical chops. Along with world famous music superstars like Lady Gaga and Eminem, lesser know artists (or, as they like to call themselves, YouTube sensations) will also be up for an award or two. (more…)
If your a avid music lover or a musician yourself, then this is something that will quite possibly amaze you.
The line between digital and acoustic has been crossed many times when it comes to music and musical instruments. But now, a London-based start-up, has developed a mind blowing instrument that might change the way musicians play and record.
Roli, a design-led technology start-up, has been operating since 2009 and specialize in hardware and software products that help bridge the interaction between people and technology.
Roli has announced the release of their Seaboard Grand. A type of new-age keyboard that has evolved from the traditional, piano keyboard. (more…)
Music and Twitter lovers unite – you definitely wouldn’t want to miss out on this one.
On Thursday, Twitter announced the release of their very own, all new Spotify app.
Spotify, the music streaming website that has been making waves worldwide, has proven their knack for innovation and forward thinking yet again, by linking with Twitter and Twitter #music.
Twitter #music, of course, uses Twitter activity to detect and surface the most popular tracks and emerging artists #nowplaying on the Twittersphere.
The Twitter #music interface can be used within the Spotify desktop app, and plays the music for free.
And, there are no more disappointed music lovers who only get to hear a snippet of the song; with the Spotify app, you can listen to the entire song – from start to finish. You wont have the blues anymore because of silly 30 or 90 second samples. (more…)
As music streaming all around the world picks up at a staggering rate, music streaming web services are expanding just as quickly. And with any growth, more funds are needed.
This is the case for popular music streaming site, Spotify. The Stockholm based company is currently on the look out for different ways of raising more capital.
We reported in early August already, that Spotify had expressed a need to raise more funds to help with the growth of their company.
“We cannot exclude the need or desire to raise more funds in the future to fund future growth.”
And it looks like that time is now.
Spotify is currently valued at an estimated $5.2 billion. The company had also doubled it’s revenue in 2012, to a whopping $577 million.
It is not yet clear exactly how much money Spotify is wanting to raise. The company won’t, however, be issuing any new shares and is thought to be considering issuing debt.
It remains to be seen as to when and how Spotify will raise the extra funds – but it can definitely be said that they are moving at an incredible pace.
Now, if only they will bring their business to South Africa…
Popular music streaming web-service, Spotify, is doing rather well these days. The company has more than doubled its revenue in 2012.
Spotify’s latest revenue, as shown on Wednesday, amounts to a monstrous 435 million Euros. That is $577 million or R5 699 317 500.
Spotify provides ad-free, popular and on-demand music for free for paying customers. Founded in 2006 by Daniel Ek and Martin Lorentzon of Sweden, this music streaming service has revolutionised music streaming on the internet.
The Stockholm based company strikes royalty deals with record labels and then pays back about 70% of it’s revenue to the rights holders.
The company posted a 58.7 million Euro net loss, as compared with the 45.4 million loss in 2011 on a turnover of 190 million.
Spotify is an unlisted company and has more than 20 million active users. They have more than 5 million paying customers world wide. A definite sign that they are doing something right.
They also receive financial backing from companies such as Northzone, Kleiner Perkins Caufield & Byers, Accel Partners and DST. There are also many fund raising activities held to support the growth of this innovative company.