For the past few days I have been reading about various music services such as MOG, Rhapsody and others being part of the big Facebook re-launch. They were, except they ended up being an afterthought. Somewhat predictably, Facebook founder Mark Zuckerberg brought Daniel Ek, CEO of Spotify, on stage. Spotify got the big billing while competitors were relegated to little icons on a single slide.
Spotify, which announced general availability today, is tightly weaved into Facebook and is betting that Facebook’s global audience is going to turn the music service into a powerhouse. The on-demand music service shares investors with Facebook, both DST Global and Horizons are two common investors in the two companies. More importantly, Zuckerberg is a fan of Spotify and he uses that to listen to Green Day.