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Summary:

Project Playlist calls itself a “social music experiment.” In other words, it’s just one of the many options available when it comes to adding an embeddable music player to MySpace or Facebook profiles. Its simple player lets users aggregate free MP3 files available on the Net […]

Project Playlist calls itself a “social music experiment.” In other words, it’s just one of the many options available when it comes to adding an embeddable music player to MySpace or Facebook profiles. Its simple player lets users aggregate free MP3 files available on the Net and put them together in a widget that can be posted just about anywhere. This week the company even announced a version of Project Playlist for Apple’s (AAPL) iPhone.

The Beverly Hills, Calif.-based startup has raised $3 million in funding, according to PE Hub. We tried to contact the company to find out more about their Series A round, but to no avail.

Project Playlist makes some money through advertising on its site, and spends on “performance royalties” paid to performance rights organizations. These orgs, in turn, dole out undisclosed sums to songwriters and music publishers. The more their songs appear on playlists, the more they get paid.

Even though the company pays musicians and publishers, as with any music player, copyright is a serious concern. Project Playlist doesn’t host music content (it plays files hosted on third-party web sites), and claims it maintains no editorial oversight over what gets posted by its users.

iLike (the popular Facebook music discovery app) also aggregates external files, while Imeem has a growing, but limited amount of approved music content available to use in playlists.

Project Playlist’s site traffic has rocketed higher by nearly 2000 percent in the year since August 2006, according to this graph from Compete.com.

It’s hard to say which music player is the most popular overall, since iLike and others allow full use of their application directly through Facebook.

According to current stats from Facebook app traffic measurement tool Appsaholic, iLike is the most popular, with 789,329 daily active users, followed by Project Playlist, with 21,350 daily active users. Imeem has 9,005 daily active users.

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By Adena DeMonte

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  1. All Things iPhone » Blog Archive » Project Playlist’s Gets $3M To Keep Experimenting Wednesday, September 26, 2007

    [...] See more… [...]

  2. ProjectPlaylist is a great service. I am curious how the royalties issues work as the are not hosting the music. As sites like these grow in popularity and music discovery becomes easier (i.e. finding what people have uploaded to their blogs) it’s will be interesting to see just how many nails in the coffin the music labels can handle.

  3. Project Playlist may well be paying songwriters and publishers via ASCAP, BMI and SESAC but I’m skeptical it has deals in place with record labels for the digital sound recording performance royalty. More on this at http://davidporter.wordpress.com/2007/09/26/project-playlist-raises-more-than-eyebrows/.

    Also, iLike doesn’t currently aggregate external MP3 files; it provides links to 30-second clips.

  4. I love imeem, but the biggest drawback for many users is the fact that mayspace is actively censoring any reference to the site. If you type imeem.com into any text field on myspace it’ll get replaced with ‘…’ this of course breaks their player on myspace and has had the effect of slowing their growth this year.
    imeem is making huge steps forward in adding content, yesterday it was revealed that they had signed a deal with Sony/BMG music and this is on top of Warner Brothers Music. So imeem is easily winning in terms of the legal content game. projectplaylist and ilike do not have any deals with major labels at this time.

  5. Confluence: ezmo Friday, September 28, 2007

    Project Playlist’s Gets $3M To Keep Experimenting

    Project Playlist calls itself a “social music experiment.” In other words, it’s just one of the many options available when it comes to adding an embeddable music player to MySpace or Facebook profiles….

  6. project playlist kicks ass it rulezzzzz

  7. I LOVE PROJECT PLAYLIST!!! <3

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