Music Premium Family – $14.99/month – Get all premium features for up to five people living in the same household.Get two months free with an annual plan for $99.99/year. YouTube Music Premium – $9.99/month – Eliminate ads, download content for offline listening, and listen on the app with your screen off.Everything is ad-supported, though you can try the premium plans for seven days for free. YouTube Music Free – Listen to curated lists and create your own.“Brands that are our big audio spenders understand the power of going straight to people’s earphones. Jack Daniels has done various events with us that were very well rounded,” he explained. “The brands that do well fully engage with our platform and go beyond straight advertising. However, growth is expected to slow, with ad spend forecast to rise 4.3% in 2015 and 4.8% in 2016.Ī broad spectrum of brands have used Spotify’s services so far, including Jack Daniels, Sky, BT and the Government. Figures by the Advertising Association and Warc saw a strong growth in 2015’s first quarter, rising 8.2% to £122m. Traditional platforms like radio are still performing well when it comes to ad expenditure.
Rather than go in and try and take away money from the likes of Channel 4, they want to increase the overall share of money that’s invested in the medium. “For example, for YouTube video is a huge part of advertising. “What we’re looking to do is to grow radio’s overall share,” he told Marketing Week. However Spotify UK’s director of sales David Cooper says the brand wants to position itself as an addition to radio instead of competing with commercial radio stations. The study’s findings also reveal that people are more likely to pay attention while listening on Spotify than they do to commercial radio. The TNS study, which surveyed more than 20,000 respondents in 10 European countries including the UK, shows that within the 15-34 age group Spotify has an incremental reach of between 14% and 21% for various commercial radio stations. Research from the firm aims to show Spotify’s free ad-supported audience reach compared to commercial radio and the added scope it could provide to brands.
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