Posts Tagged ‘WiMP

17
May
19

Towards a music streaming economy – Scandinavia part 3

Part 1 of the blog series highlights that the Scandinavian countries are the world’s music streaming avant-garde due to a well-established broadband Internet infra-structure, a high smartphone penetration rate and domestic business innovations (see also part 2). The most influential Scandinavian business innovation was Sweden’s Spotify, which was launched in October 2008 at the culmination of The Pirate Bay lawsuit. However, several other services early offered music access to music in Scandinavia. In 2009, Finnish smartphone company Nokia launched the Comes-With-Music service, which allowed unlimited music access for a year on special Nokia Comes-With-Music phones. In the same year, Swedish Sony-Ericsson in collaboration with Norwegian Telenor offered the PlayNow plus service on its special edition of Sony Ericsson Walkman phones (IFPI 2009: 8). However, the mobile phone manufacturers failed to meet the music consumers’ convenience. Nokia’s music was DRM protected until 2010 and limited to special Nokia devices, whereas Sony Ericssons’ music was DRM free, but limited in time and to special devices.

In 2011 both services were, therefore, were discontinued,[1] when Spotify, WiMP and TDC Play started to dominate the digital music market. In 2009, the Danish TDC Play was the first ISP music service offering unlimited music streaming from 6.1 million tracks without any additional costs (IFPI 2010: 8). Spotify’s ad-supported unlimited streaming tier was also bundled in ISP TeliaSonora in Sweden and Finland and the premium tier could be directly paid on the broadband bill (ibid.: 9). WiMP’s subscription service also succeeded in Norway due to its bundling in Telenor’s mobile phone contracts (IFPI 2011: 9).

Consumer convenience, therefore, was the key success factor for music streaming services in Scandinavia. It was easier to access music by a streaming services than downloading music from P2P file sharing networks with the risk of malwares and viruses. Music consumption studies in Norway and Sweden highlight this shift from P2P file sharing to music streaming as outlined in the following analysis.

Continue reading ‘Towards a music streaming economy – Scandinavia part 3’

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24
Apr
19

Towards a music streaming economy – Scandinavia part 2

A series of blog entries tells the story of how the Scandinavian countries have become the forerunners of the music streaming economy and highlights the background of this development. In the second part of the  series on Scandinavian’s way to a music streaming economy technological and business innovations that fostered music streaming are highlighted.

The Scandinavian countries are forerunners in broadband Internet penetration. From 2000 until 2006 the share of households with broadband Internet access increased from almost zero to 70 percent in Denmark and Norway, even to 80 percent in Finland and Sweden. Currently, almost all Scandinavian households have a broadband high-speed Internet access (figure 1).

 

Figure 1: Recorded music revenue and broadband Internet penetration in Denmark, Finland, Norway and Sweden, 1996-2017

Source: Wlömert and Papies (2019: 56).

 

Continue reading ‘Towards a music streaming economy – Scandinavia part 2’

22
Sep
14

Introducing our guests: Andy Chen, CEO of Aspiro and WiMP

The 5th Vienna Music Business Research Days will be held at the University of Music and Performing Arts Vienna from Oct 1-3, 2014.  A mixed group of music business professionals and music business researcher will highlight the question on “How to Monetize Music in the Digital Age” from different perspectives. All conference guest that will present/discuss on Oct 2, 2014 in Joseph Haydn-Hall will be introduced in a short blog series.

Andy_Chen_Aspiro_WiMP_CEOAndy Chen, who will be a panelist on Oct 2 from 16:00-17:30 in Joseph Haydn-Hall, is the CEO of Aspiro Group, a media technology company publically listed in the Stockholm NASDAQ/OMX. Aspiro is the company of WiMP Music, TIDAL Hifi, and RADR Music News. Andy is responsible for leading and overseeing all aspects of the group company’s strategy, development and operations. WiMP Hifi is the market leader in Hifi/lossless music streaming in Scandinavia, Germany and Poland. TIDAL Hifi is the recently launch premium lossless streaming service in the US, and RADR Music News is a B2B music video syndication service that distributes music video content to publishers.

Prior to joining Aspiro Group, Andy was the CEO of Preview Networks, a leading venture-backed video content syndication and advertising platform in Europe with 7offices in 10 markets, which was acquired in February 2013. Before that Andy was the former Vice President for MTV Networks Europe and Viacom International, responsible for all digital sales, strategy and the creation of digital commercial ventures for the company. Andy has also spent many years with Aegis Media as the Global Director of Digital Strategy for Carat and Isobar Global Management in London and San Francisco.

A digital media veteran, Andy started his career during the dotcom 90s in San Francisco with Universal Music, Interscope Records, McCann-Erickson Worldwide, and Tonic360/J.Walter Thompson. Andy has a triple B.A. degree in Architecture, City Planning and Scandinavian Cultures from University of California, Berkeley in the US, and an MBA from Stockholm University, Sweden. He is an angel investor and advisor to various venture funded technology start-ups in Europe and US. Andy speaks English, Mandarin Chinese, and Swedish.

Click for the detailed conference programme here: https://musicbusinessresearch.wordpress.com/vienna-music-business-research-days-2/

 




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