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MUSIC STREAMING
WEBSITES AND SOCIAL
MEDIA
An analysis of Spotify,
Pandora Radio and Last.fm
PURPOSE:
Spotify Pandora
$8.4 million - most recent
expected investor valuation
(ability to change the market)
$3.6 billion - Publically
traded worth
-WHY IS SPOTIFY’S VALUE SO
MUCH HIGHER?
-HOW ARE SPOTIFY AND
PANDORA DIFFERENT?
-ANALYZE THEIR SOCIAL MEDIA
TACTICS
HOW ARE THEIR APPROACHES TO
STREAMING MUSIC DIFFERENT?
Spotify Last.fm Pandora
Absorbed Last.fm “Scrobbling” –
suggesting music by
what similar listeners
like
= Social- centered
“Genome” – rhythm,
melody, tempo
= biology-based
Tracks any music you
listen to through third
party plug ins
Tracks “Up” or “Down” on
just Pandora.com
(2007) - Hirschorn
HOW MANY PEOPLE ARE PAYING
FOR EACH SITE?
Spotify Last.fm Pandora
1.25M followers Internal app for Spotify est.
2014
360 K followers
$8.4 million - most recent
expected investor valuation
(ability to change the market)
$3.6 billion - Publically
traded worth
15 million subscribers 3.3 million subscribers
60 million monthly listeners 76.5 million monthly
listeners
Percentage of new listeners
constantly inclining
Percentage of new listeners
constantly declining
53 countries 3 countries (dominates in
U.S.)
20 million songs 15 million songs
DIFFERENCES IN WEBSITE/APP
INTERFACE
Spotify (website, app) Last.fm (website, plays thru Spotify) Pandora (website, app)
Ability to listen to artist Ability to listen to artist Categorizes similar artists
Number of Followers Number of Listeners
Related Artists Tab Related Artists Tab Related Artists Section
Number of Plays Number of Plays (more specific)
Personal Network
(links to Facebook)
Personal Network
Merch
Tour Dates Tour Dates
Pictures, videos, charts, tags, journals,
news and groups
SPOTIFY - ALEXA
PANDORA - ALEXA

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Music streaming websites and social media

  • 1. MUSIC STREAMING WEBSITES AND SOCIAL MEDIA An analysis of Spotify, Pandora Radio and Last.fm
  • 2. PURPOSE: Spotify Pandora $8.4 million - most recent expected investor valuation (ability to change the market) $3.6 billion - Publically traded worth -WHY IS SPOTIFY’S VALUE SO MUCH HIGHER? -HOW ARE SPOTIFY AND PANDORA DIFFERENT? -ANALYZE THEIR SOCIAL MEDIA TACTICS
  • 3. HOW ARE THEIR APPROACHES TO STREAMING MUSIC DIFFERENT? Spotify Last.fm Pandora Absorbed Last.fm “Scrobbling” – suggesting music by what similar listeners like = Social- centered “Genome” – rhythm, melody, tempo = biology-based Tracks any music you listen to through third party plug ins Tracks “Up” or “Down” on just Pandora.com (2007) - Hirschorn
  • 4. HOW MANY PEOPLE ARE PAYING FOR EACH SITE? Spotify Last.fm Pandora 1.25M followers Internal app for Spotify est. 2014 360 K followers $8.4 million - most recent expected investor valuation (ability to change the market) $3.6 billion - Publically traded worth 15 million subscribers 3.3 million subscribers 60 million monthly listeners 76.5 million monthly listeners Percentage of new listeners constantly inclining Percentage of new listeners constantly declining 53 countries 3 countries (dominates in U.S.) 20 million songs 15 million songs
  • 5. DIFFERENCES IN WEBSITE/APP INTERFACE Spotify (website, app) Last.fm (website, plays thru Spotify) Pandora (website, app) Ability to listen to artist Ability to listen to artist Categorizes similar artists Number of Followers Number of Listeners Related Artists Tab Related Artists Tab Related Artists Section Number of Plays Number of Plays (more specific) Personal Network (links to Facebook) Personal Network Merch Tour Dates Tour Dates Pictures, videos, charts, tags, journals, news and groups
  • 6.
  • 7.