• Spotify ecosystem grows as ShareMyPlaylists secures Angel funding

    Friday, July 22nd, 2011

    Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

    Any new US Spotify users will be busy creating playlists and sharing them with their friends. This is an awesome part of the service which is really the central point of why Spotify can become so addictive compared to other services like Mog and Rdio. A while back a clever little startup realised there was gold in them there lists and created a site to allow users share their lists outside of Spotify more easily.

    ShareMyPlaylists has now secured £250,000 in angel funding, this time from Angel investor Mark Pearson, chairman of Markco Media Ltd / MyVoucherCodes. Pearson has also invested in UGC media site Blottr.

    Founder Kieron Donoghue the site is now on 2 million page impressions per month and 10,000 playlists are played on the site each day. Growth is up to 400 new members a day. The site’s 78,000 member have now shared over 47,000 playlists.

    The site means you can discover and rate playlists far more easily. Click on a playlist and it takes you direct into Spotify. It’s odd that Spotify hasn’t really cracked this issue as well as ShareMyPlaylists which, for my money at least makes the site a potential acquisition target at some point.

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