Spotify Essay

Words: 8678

Pages: 35

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Term paper
At
Handelshøyskolen BI

- Spotify -

GRA 68344 – Business Development and

Innovation Management

Hand-in date
30.11.2011

BI Oslo

Program
MSc in Innovation and Entrepreneurship
Table of content Executive summary ii What is Spotify? 1 Timeline For Spotify 2 External Environment Analysis 3 PESTEL framework 3 Porters 5 forces 3 Internal Environment Analysis 6 Vrin framework 6 Stakeholder analysis 7 Users 8 Right Holders 8 Business Partners 8 Employees 8 Competition 9 Swot analysis: 9 Strength 9 Weakness 10 Opportunities 11 Treaths 11 Spotify’s value system 11 Spotify’s innovation Processes 14 …show more content…
The PESTEL framework will be preferred with debt on Political and Legal aspects as two central points for this paper.

Spotify is represented in countries which is characterized by democracy, good Internet access adequately 3G, low cultural barriers and basically the same judicial system. In the aftermath of Napster, which globalized the music business, the access to music has become unchallenging. For Spotify’s sake, expanding to new markets is not possible before the licensing is sufficient. Closing the deal with record labels settled in the specific countries is the most demanding part, which is also time-consuming, as Ms Solheim stated. Spotify contributes to increase the major record labels revenue simultaneously as information of their music expands, thus the legal aspect for their business is sufficient for its industry. Spotify’s strategy of which countries to chose relies on these mentioned aspects.

Porters 5 forces

The industry Spotify operates in is the music industry, and more specifically; the online streaming industry. This industry is only a part of the music business, but in the last ten years there has been a shift with further focus towards digital music. Michael Porters Metrics with his five forces

Spotify Misconceptions

as well. Right now an argument between Taylor Swift and the company Spotify. Taylor Swift claims that Spotify is robbing her of her artwork, because of the money she receives from streaming is reducing her album sales. But the truth is, Spotify is a streaming service that rightfully streams music, while paying and promoting the artists, and at the same time not affecting the album sales. One of the main misconceptions about Spotify, is that they pay minimal…

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Nt1310 Unit 3 Assignment

Assignment 1: Data Analytics Report – Spotify. A. Introduction This report delves into the workings of Spotify’s use of data to unveil insights crucial for strategic decision-making. By analyzing Spotify's use of their vast pool of data, the report aims to uncover patterns, challenges, and opportunities within the music streaming industry. The scope of this report attempts to provide a comprehensive understanding of Spotify's data-driven approach, elucidating its strategies for growth in an ever-evolving…

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Essay on Practice Exam Comm 320

http://www.businessweek.com/printer/articles/202642-spotify-hits-10-million-paid-users-dot-now-can-it-make-money Features Spotify Hits 10 Million Paid Users. Now Can It Make Money? By Joshua Brustein May 21, 2014 Spotify CEO Daniel EkDaniel Ek has devoted most of his waking moments over the past few years to evangelizing about the glories of streaming music. He’s well suited to the task. In addition to a forbiddingly deep reservoir of knowledge about every genre and subgenre to emerge from his…

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1. Being a mom, boss, and friend at times can be hard to juggle. However, Melanin Mommas can give you tips and tools to make life as a momma easier. Check on Melanin Mommas on WatchBlossom.com 2. Trying to get summer-time fine? Aren't we all! Check out Rachel Ama on WatchBlossom.com as she educates and teaches us about Vegan eating. 3. Being rich, a public figure, and Black does not eliminate the racism that athletes face. Watch Rolling With Champion as LeBron James and Kevin Durant elaborates…

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Sony Music Entertainment and the Evolution of the Music Industry Table of Contents Table of Contents…………………………………………………………………………………............................2 Recommendations…………………………………………………………………………………………………………..3 Appendix 1………………………………………………………………………………………….…………………………. 5 Appendix 2………………………………………………………………………………………….…………………………. 11 Appendix 3…………………………………………………………………………………………………………………….. 13 Appendix 4………………………………………………………………………………………….…………………………. 15 Appendix 5……………………………………………………………………………………………

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Persuasive Essay On The Internet

are some songs I listen to longer than that, there’s still the fact that eventually I’m going get bored with it. Therefore, instead of keeping the songs I’m tired of listening to and having them take up space on my phone, I can just listen to it on Spotify without having to worry about that unnecessary weight taking up my storage space. Another thing I don’t have to buy CD albums, which also takes up space, physical space. I remember as a kid my dad had a night stand by his bed filled with CD’s and…

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Exam Notes Spotify - 4P’s Product - Product innovation refers to innovation in the product/service that an organisation offers The radical product innovation lies in its simplicity, speed and easy to use interface, which is a format that is structurally superior to previous streaming services such as Pandora. The product is provided to consumers via an instantaneous streaming service through a ‘Freemium’ and ‘premium’ model. Product innovation is also demonstrated with its strong integration…

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Unsound Video Analysis

gave a voice to that problems saying artists should value themselves and their work. That chart from the article showed how little an artists makes from Spotify which shocked me. For an artists to only make a few cents for certain amounts of plays a month is ridiculous. Especially Spotify because unlike other systems in which to receive music Spotify does not have any settings or packages that make the people who want to use their site pay ahead of time to be able to even listen to the music they have…

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Contemporary Choral Compositions Most people that live in the modern generation view choral music as old, boring harmonies whose composers died with kings. However, choral music is not just for the elderly singing hymns apathetically in the church pews on Sunday morning. Though the perception of it remains unenthusiastic among common listeners, the life of choral music is not as dead or boring as most would assume. Choral music is made modern, enjoyable, and vibrant through the works of contemporary…

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company well however will create new competitors with cable providers. Decision makers at the company made a power play with the latest software update iOS 8.4 included Apple Music. Apple music challenged Spotify app users with streaming their favorite music anytime for a flat monthly rate. While Spotify only gives its users one month of free premium commercial free listening, Apple gives its customers three months. This update eliminates users from having to download any other music app, saving space…

Words 562 - Pages 3