The Echo Nest Teams Up With Spotify

SOMERVILLE, Mass. (Top40 Charts/ Echo Nest) - Spotify, the music streaming service, is partnering with The Echo Nest's music intelligence platform to help develop Spotify's playlist and music discovery functions. Spotify, one of the world's fastest-growing music streaming services, sees the partnership as an important part of its evolving recommendation system.

The Echo Nest is a one-of-a-kind machine learning platform created by two MIT PhDs that listens to and reads about music all over the web to enable better music search, recommendation and interactivity.

A sneak preview of a prototype Spotify playlist and discovery feature was unveiled by The Echo Nest at today's San Francisco Music Tech Summit.

Jim Lucchese, CEO of The Echo Nest, said, "We're committed to powering the most engaging and intelligent online music applications. Spotify delivers an amazing user experience for music lovers around the world. We're thrilled to help millions of music fans discover new favorites through Spotify's massive music selection and great user interface."

Andreas Ehn, CTO of Spotify, added, "We're delighted to be teaming up with The Echo Nest as we continue to evolve and improve Spotify's music recommendation offering for our users."

About The Echo Nest
The Echo Nest powers more intelligent digital music applications using a patented machine-learning platform that automatically:
Reads about music, crawling the web to understand what the entire online world is saying about every artist, album and song in real time.
Listens to music, performing signal processing on every song in the world the way a musician would describe it.
Learns music trends, analyzing online music behavior (social networks, blogs, online forums, playlists) to understand online buzz and identify music trends.

The Echo Nest is a three-time National Science Foundation SBIR grant winner. Private investors include Commonwealth Capital Ventures, Argos Management and a series of angel investors, including a co-founder of the MIT Media Lab.

About Spotify
Spotify is an innovative digital music service offering music fans instant access to a world of music. Spotify enables on-demand streaming of audio content and aim to be a better alternative to music piracy by offering a superior user experience, while monetising licensed content with both an ad-supported, free-to-the-user model and a premium, paid model. Spotify brings fans closer to the music and artists they love, and provides a marketplace for additional products such as live events, music downloads and more.