5 ms·
Go back to basics. Keep it focused on community facing artists, remixes, dj sets, etc. From what I've seen they suffered most from lack of direction, weak lea
by nxsynonym 9y ago
Go back to basics.
Keep it focused on community facing artists, remixes, dj sets, etc.
From what I've seen they suffered most from lack of direction, weak leadership, and no real business plan from the beginning. It seems (correct me if I'm wrong) it started as a hobby project and got twisted into a SaaS model that didn't fit it's purpose or audience.
As far as monetization - why not have a Patreon-esque system of support specific content producers/artists? I don't think a blanket monthly subscription is really a good fit but personally I would pay 1-5$ / month for specific artists/content providers and follow only them.
- deleted 9y ago[deleted]
- bad_user 9y ago> why not have a Patreon-esque system You've lost me there. You can't, because people don't pay and don't want to pay, unless they are forced to, as in there's actual scarcity (i.e. no way to easily get that content from anywhere else).
- virgil_disgr4ce 9y agoScarcity is part of Patreon. I'm guess/assume that much (most?) of the support comes from backers wanting exclusive content that is sometimes offered as a reward.
- nxsynonym 9y agoFair point. Maybe a limit on how many streams/month that could be lifted for a certain fee? Regardless - point is I think there are ways to monetize this enough to keep it running. I doubt any streaming service will ever be a cash cow but I'm sure there are ways to keep them running.
- deleted 9y ago[deleted]
- detaro 9y agoWhy do you think "you can't", despite Patreon (for now) looking like it can work? (Although they of course don't have to finance an entire music sharing service with this) Music fans seem comparatively loyal and willing-to-spend to me, so I'm curious about your reasoning. (EDIT: reworded for clarity/less confrontational)
- syrrim 9y agoClearly it can work, because it works for Patreon. It also works for twitch, who allow people to "subscribe" to streamers they like. This entails paying $5 a month (half to the streamer, half to twitch) to receive exclusive chatting rights, special "emotes", and other non-essential features. People do it not because they want access to the special features, but because they want to support the streamer. It seems that people are adverse to paying only when it is on an-item-by-item basis, but are not adverse to it in general.
- jgh 9y agoPeople will pay for indie music, it's been happening for a long time. It still happens today. Particularly if, as we've been talking about here, it's focused on electronica/hip-hop people will pay so they can perform the track in public. There's a real stigma against playing stolen music like that. Plus you can pay for higher quality versions. Lower quality versions don't sound as good when timestretched so they dont work as well for mixing.
- overcast 9y agoPeople listen to a lot more than a couple artists. No one is going to Patreon fifty bands.
- xnzakg 9y agoSee Bandcamp. The main thing that it doesn't have that SC does is a feed, but otherwise, they do have a Patreon-esque system - you can listen to the music on the website for free, but you can either buy the albums you like (and download them) or subscribe to users you like (and get subscriber-exclusive releases, which may include earlier versions of songs, stems etc)
- munchhausen 9y agoBandcamp does have a feed. It is also not particularly Patreon-esque. You don't pay the artist a recurring fee. You can listen to the music for free only a handful of times, then you need to buy it, in a one-time transaction. Bandcamp is really a place to discover music, buy it and download it. It's not similar to Soundcloud, or Spotify, which focus on streaming. A more apt comparison would be Beatport. The target audience of Bandcamp are DJs and music connoisseurs, who want to own the music they like, in high-quality formats. Bandcamp does a really good job of staying focused on these core user groups, and apparently is also doing rather well, financially: https://daily.bandcamp.com/2017/01/24/everything-is-terrific-the-bandcamp-2016-year-in-review/ https://daily.bandcamp.com/2017/01/24/everything-is-terrific... I guess they're something of a reverse Soundcloud.
- zachkatz 9y agoI think that's a brilliant idea.
- deleted 9y ago[deleted]