Spotify is a product that has quickly come to the top of web streaming and looks as though it will continue to grow moving forward as well. A number of reports have suggested that record labels are currently in the process of making it more difficult for them, especially with iTunes for unlocked iphone 4 and other competitors firmly in place in the market.
The company on Wednesday announced that they would be adding a new music downloading service to compliment their streaming service that aims to make their new product an all in one music player. “The only music play you will ever need,” is what they described as their end goal for their service.
Spotify will allow users to purchase the full play list from their catalogue of more than nine million songs. As it stands right now, they cost a bit more than $0.50 per song. This is much cheaper than some of their competitors and the fact that they are combining their streaming music service along with their new downloading service; they are aiming to provide a service that makes sense for all.
The rumors that the record companies are against Spotify have run rampant in recent weeks, but their growth appears to be beyond that. They have grown at an immense rate and have continued to receive funding from investors that are interested in their unique take on the streaming and downloading of music.
This will allow for their music to be placed on the iphone4 unlocked, iPod and other mp3 music players and will also allow for users to play the music directly from any device that the music files are placed on. This makes them a direct competitor with some of the largest music downloading programs currently available - including iTunes. Look for them to continue to grow quickly moving forward into the future.