#Spotify, #Pandora, #Facebook. More Digital and Social Media Convergence

So apparently Facebook is going to offer Spotify streaming music service on its web based platform which most of the world uses on a daily basis. Forbes says that Spotify may prove as a testing ground for Facebook to decide on whether or not to include other streaming services. Unfortunately, only certain european users will be able to use the exciting new integration feature, because Spotify has yet to seal agreements with major US music labels and publishers on the rights to stream their active and back music catalogs, which was recently stated to be gravely “undervalued” by Sean Parker – who is famously mistaken to have been a co-founder of Napster, but was merely an early employee.

As Spotify is seeking acceptance in the west, Pandora is seeking to get its IPO off the ground – we would unofficially encourage strong consideration of investing in this opportunity. Long story short, Pandora is continuing to post increased revenues but considerable profit losses, which kind of comes with the territory of being a web based music service that has more than half of its base use the service for free – not to mention the obscene music royalties they must pay which seem to increase as piracy roams rampant. Get ready, the next two quarters should be very interesting. Stay in touch friends.