For those who are currently pirating music on torrent sites, downloading tracks from YouTube-ripping services, or are simply unhappy with the playback restrictions of Spotify's free tier, TREBEL may be of interest. The company has filed for an IPO in the United States and is specifically targeting users who can't (or won't) pay for music.
When Spotify launched in 2006, the plan was to draw music pirates into a legal ecosystem that would render piracy less attractive while compensating the artists.
While both of those goals have been achieved, piracy is still the go-to option for millions of music fans and artists still have complaints that they are not being paid appropriately. In time these issues will have to be addressed but in the meantime, free music app TREBEL is hoping that it can play a unique part in the free streaming revolution.
After being a dark horse in the market for the past three years, TREBEL has now filed for an IPO in the United States and the SEC filing leaves absolutely no doubt who the company is targeting.