To start I like to describe where music consumption is now. It's quite obvious to avid music consumers that you can create a better playlist yourself than could an algorithm. If you really wanted to sit down to create that perfect playlist for your day, you'd probably be able to do a pretty good job by yourself doing it. Spotify will do an okay job... See more

Spotify is rolling up the internet audio market, which their CEO, Daniel Ek, thinks will grow from $100 billion in revenue a year to somewhere near the video market, which is $1 trillion. People spend about the same amount of time consuming audio as video content. “Are our eyes,” he asks, “really worth 10 times more than our ears?”