Spoon Radio
Spoon is a social digital audio live streaming service. It is developed by Spoon Radio Inc., a South Korea-based company with a US office located in San Francisco, California. It allows users to listen to streamers and even start their own live streams using their smartphones and web, without any other equipment. It provides services in four languages, including South Korea, Japan, and Middle Eastern and North African regions.
History
CEO Neil Choi, together with founders Hyuk Jun Choi and Hee-jae Lee, started their company Mykoon in 2013 with Plugger, a smartphone battery sharing service. They created Spoon Radio as their flagship on March 23, 2016. Two years since its inception, it got its backing in Series B funding from investors – namely Softbank Ventures Asia, KB Investment, and Goodwater Capital – wherein they invested a total of $17 million. As part of its global expansion effort, Spoon has also hired Fernando Pizarro, media and internet executive from Disney, Discovery Communications and Yahoo!, as vice president.Reception
By August 2018, the application has generated net revenue that surpassed more than $20 million, becoming the most famous audio-only streaming service in South Korea. Popular among the youth between ages 18 to 24 years old, Spoon has been downloaded 2.5 million times daily and there have been millions of broadcast uploads. It has expanded to Japan, US, and to different countries. In 2019, it has generated net revenue of $41 million.Features
Spoon is an internet-radio broadcasting mobile application which allows its users to stream through audio alone, hence the catchphrase "live stream without a camera". Listeners can give their favorite streamers digital gifts called "Spoons" which then can be redeemed for money. There is a Live Call feature which lets streamers invite other streamers or even their listeners to co-host the stream with them.- Live
- Podcast
- Talk
- Live Call
- Voice profile