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How much do people care about what they listen to? What kind of pricing power can the best stuff command? I think it might not be as simple as supply and deman
by cjbest 7y ago
How much do people care about what they listen to? What kind of pricing power can the best stuff command?
I think it might not be as simple as supply and demand, because a) you can't just trade one piece of content for another and b) the marginal cost is ~$0.
Put another way: there are only so many hours in your life when you can listen to stuff. If Spotify has all the best stuff, it might be worth it to pay quite a lot, even if that stuff was cheap to produce.