Spiral Frog: Ad Supported Startup Has Three Million Tracks in their Catalogue

Spiralfrogfinallogojpg_2 A lot of people are talking about how a weak economy is affecting advertising revenues and from my experiences this is definitely the case. However, because advertising is suffering some journalists also expect that to have an effect on ad-supported music startups, such as Spiral Frog.This is definitely not the case, mainly because they provide royalties as a percentage of their revenues.

For Spiral Frog that have now reached a new milestone in terms of their catalog size, over three million songs are now available through their service.Music videos for download also increased to almost 5000 and registered users have grown to 2.3 million according to the company.

SprialFrog believes this is the largest total number of registered users on any legal, free music download site, but offered no details as to how active the users are.

According to Joe Mohen, founder and chairman, “With the current economic turmoil and the potential threat of a recession looming, the offering of free music is very attractive to budget conscious consumers.” SpiralFrog’s biggest competition isn’t paid downloads, however, it’s free pirated mp3’s via P2P. It is also unclear how the economic downturn will effect the advertising revenue that all ad-supported sites require.

Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

Bad Bunny breaks Drake’s record as the most-streamed artist in one day on Spotify

On release day of his new album, Bad Bunny was streamed 183 million times on Spotify, beating Drake’s record of 176.8 million daily streams.

A new Tencent report details the growth of independent music in China

Tencent Music Data Research Institute, a music data research company under Tencent Music, has published a new report.

Leave a Reply

Your email address will not be published. Required fields are marked *