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>People don't want to pay for it because there are mechanisms in place that sustain these businesses outside of ads. Just think about how much VC money is dumpe
by colemickens 8y ago
>People don't want to pay for it because there are mechanisms in place that sustain these businesses outside of ads. Just think about how much VC money is dumped into these services that never or barely generate a profit and they're all free to use and have been for years.
Please correct me if this is disingenuous, but I feel like you basically just said you're used to having VCs subsidize your entertainment platforms and that you've extrapolated that entitlement into a justification for never paying for any entertainment acquired over the Internet.
At the very least, it seems obvious that it's unsustainable and likely that creative artists will be the first squeezed. Also, I don't think this explanation combat's the parent's observations about spending habits at all.
- jshowa3 8y agoPlease correct me if this is disingenuous, but I feel like you basically just said you're used to having VCs subsidize your entertainment platforms and that you've extrapolated that entitlement into a justification for never paying for any entertainment acquired over the Internet. It has worked for several years. So why not? At the very least, it seems obvious that it's unsustainable and likely that creative artists will be the first squeezed. It's unlikely this would ever happen. But mostly, I'd be fine with embedded ads if they were used responsibly. But, according to Wikipedia, Spotify was founded over 10 years ago. In 2017, it was reported that it was still not profitable despite its subscription models: https://www.bbc.com/news/business-38930699 https://www.bbc.com/news/business-38930699. Last year it launched an IPO. So somehow, Spotify magically became profitable enough to launch an IPO or it lasted over 10 years from what looks like VC funding without being profitable and is still not profitable. That leaves only one question, how does such a business survive so long without profit and did VC's really care considering how popular the platform is.