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Streaming music services will get dominated by the companies that have ancillary product revenues not directly related to music. Apple, Google, Microsoft, and A
by dano 8y ago
Streaming music services will get dominated by the companies that have ancillary product revenues not directly related to music. Apple, Google, Microsoft, and Amazon will be the survivors in this race to the bottom as it makes little difference whether their music services are highly profitable or not. Before arguing with me about this, think about how little actual profit exists in Pandora and Spotify and how hard it would be to change that equation. It isn't that the big guys are predatory (maybe they are) it is that they make money selling something other than music, but music is a necessary part of making their other products complete.
Making a profit from selling music in a service is a very tough business.