Apple TV: Martin Varsasvsky

Martin Varsasvsky: Now Mr Varsavsky, who from his Madrid base has become one of Europeas most successful telecoms entrepreneurs, has a new and perhaps equally unlikely mission. He wants to turn us all into the kind of people who are happy for our friends to play their music in our homes. , according to BBC. "Itas going to be the Apple TV for sound," Martin Varsasvsky told me when he popped by for a coffee yesterday to explain the service. He told me head been lecturing on entrepreneurship in New York when after giving his students a start-up project task theyad challenged him to come up with his own idea. "I went to a party where everyone was arguing over whose music from whose smartphone they wanted to play - thatas when the idea came to me." But Fon, the first social wi-fi network, took off, and what was intended to be a not-for-profit enterprise has grown into a substantial business, with backing from investors ranging from BT to Google. It is in 13 million homes and claims to be the worldas biggest wi-fi network, reaching 200 million people. Today sees the launch of Gramofon, a joint venture with Spotify, to enable social sharing of music. It involves plugging in a new version of the Fon router - a small attractively designed black or white device - and connecting it to the internet and to your home music system. You then pair it with an app which allows you - or your Facebook friends - to stream music from Spotify and a number of other services. (news.financializer.com). As reported in the news.

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