media homework

2. • Spotify is a music streaming application in which users can stream and listen to any
genre of music. Free accounts will have ad breaks between tracks and can only shuffle
playlists/albums whereas premium accounts will have no ads and they can choose
particular songs that they want to here.
• Spotify officially launched on October 7th 2008 but was set up0 and founded by a man
named Daniel Ek in 2006.
Early Developments
• Premium cards were offered for the 2009 Christmas season that allowed recipients to
upgrade an account to "Premium" status for 1, 3, 6 or 12 months
• In April 2011, Spotify announced via a blog post that they would drastically cut the
amount of music that free members could access, effective 1 May 2011.
• In April 2012, Spotify introduced the "Spotify Play Button"; an embeddable music player
that can be added to blogs, websites, or social media profiles, that lets visitors listen to
a specific song, playlist or album without leaving the page
Spotify play button

3. • In March 2013, Spotify removed the five-play restriction for free users in the UK
• Upon its release in April 2013, the Daft Punk single, “Get Lucky", received the highest
number of first-day global streams for any song
• In April 2016, Rihanna overtook Justin Bieber to become the biggest artist on Spotify,
with 31.3 million monthly active listeners
• Spotify makes its money by selling premium subscriptions in which ‘listening offline’,
‘music download’ and ‘no-ad’ services are made available. A subscription to Spotify costs
£9.99 per month.
• Spotify also makes money by selling advertisement spots to third party businesses
• According to new reports, Spotify may now be worth more than the entire US music
industry. In 2015, Spotify neared a deal to raise $400 million in funding according to the
Wall Street Journal, which would value the company at $8.4 billion.
• Spotify were criticised in March 2009, when a security flaw in the service was
announced. This flaw supposedly meant that private account information of members
registered prior to 19 December 2008 had been potentially exposed.

5. • Netflix is an American entertainment company founded on August 29, 1997.
• The company was founded by Marc Randolph and Reed Hastings.
• The site provides a platform to stream video/film content and allows members to
watch/stream films online on demand.
• The initial idea behind Netflix included the concept of DVD sales and Rental.
• On October 1, 2008, Netflix announced a partnership with Starz to bring 2,500+ new
films and shows to "Watch Instantly", under Starz Play.
• In August 2010, Netflix reached a five-year deal worth nearly $1 billion to stream films
from Paramount, Lionsgate and Metro-Goldwyn-Mayer.
• On July 12, 2011, Netflix announced that it would separate its existing subscription plans
into two separate plans: one covering the streaming and the other DVD rental services
• Netflix’s net worth is currently $26.2 billion
• Netflix makes money by charging viewers for a membership which allows them to watch
all films available on the application
• A Netflix membership ranges from 5.99-8.99 pounds per month

7. • Skype is an application that provides users with the ability to video and voice call people
on different devices all over the world
• Skype was created by the Swede Niklas Zennstrom and the Dane Janus Friis and first
released in August 2003.
• In September 2005, eBay acquired Skype for $2.6 billion
• On 17 June 2013, Skype released a free video messaging service, which can be operated
on Windows, Mac OS, iOS, Android and BlackBerry
• On 15 September 2015, Skype announced the release of Mojis, "a brand new way to
express yourself on Skype.“
• On 27 October 2016 Microsoft launched Skype for Business for Mac
• Using the $8.5 billion price as the likely sale price, eBay gets $2.55 billion for its 30%
stake in Skype.
• The way the company makes money is by charging small fees for other services. Making
calls from Skype to a mobile phone that does not have Skype, or to a landline phone, will
cost users. They either pay one cent per minute, or they can pay a flat monthly rate that
changes depending on the country.