Innovation, Content Partnerships and Carrier Adoption Drive Record Growth and Profitability for Mobile Music Pioneer
PALO ALTO, Calif., - Oct. 22, 2007 – mSpot, a pioneer in mobile music and radio, today announced it has surpassed two million paying subscribers, more than doubling its subscriber base in just six months. mSpot will be demonstrating its exciting mobile music services this week at CTIA WIRELESS I.T. and Entertainment in booth #1044 of San Francisco’s Moscone Center.
“Over the past two years mSpot has evolved from breaking ground in an emerging mobile music market to establishing leadership in what is now a multi-billion dollar global industry,” said Daren Tsui, mSpot co-founder and CEO. “We’ve doubled our subscriber base in the past six months, and the majority of these fans are tuning in to our music offerings as we continue to innovate the most compelling portfolio of mobile music services available today.”
According to mobile research firm M:Metrics, 31 percent of consumers that use both a music phone and a digital music player selected their music phone as their primary music device.
mSpot’s mission is to help mobile carriers create and offer music services that are easy-to-use, and will encourage all consumers to make mobile phones their primary music devices.
Today mSpot powers 11 live services across six major North American carriers. mSpot’s managed music services -- mSpot Radio, mSpot Remix over-the-air (OTA) PC to mobile syncing, mSpot Make-A-Ringer custom ringtone maker, and music videos – are available to carriers separately, or integrated into a branded music portal that provides a single “spot” with a completely seamless user experience where consumers can easily discover, manage, purchase and enjoy music, radio, ringtones and videos.
mSpot has achieved the following music milestones in the past six months:
mSpot's groundbreaking mobile music, radio and movie services enable carriers to deliver exciting, consumer-centric entertainment to mobile phones. mSpot has been pioneering mobile multimedia entertainment since launching the first mobile streaming radio service in April 2005. Today, more than two million consumers across North America use mSpot’s services to discover, manage, purchase, and enjoy music, live radio, custom ringtones, podcasts, videos, and movies from the biggest names in entertainment, including ABC Radio Networks, Buena Vista VOD, ClearChannel, FOX Sports Radio, Lionsgate, Marketwatch, Radio Disney, Universal Music Group and Warner Music Group. mSpot powers entertainment services in the U.S. for Sprint, Boost and U.S. Cellular and in Canada for TELUS and Bell Mobility. Founded in 2004, mSpot is a privately held company headquartered in Palo Alto, California and on the Web at www.mspot.com.
August 1, 2012: “Samsung Launches Music Hub in U.S.”
Exclusive: mSpot Plans First 3-in-1 Music Locker, Subscription, Radio Service
May 26, 2011: mSpot for Android adds Radio Spotter