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Why don't the musicians get together and make their own streaming service where they get more of the revenue?
by sien 6y ago
Why don't the musicians get together and make their own streaming service where they get more of the revenue?
- lucb1e 6y agoI guess they're not Apple or Google with instant access to a huge number of users. Bandcamp is a place where, as far as I know, it's very artist-oriented, but how many people use that compared to the established services? The network effect is a bitch, is what I assume the problem is here.
- radicalriddler 6y agoI think this was the idea behind tidal https://en.wikipedia.org/wiki/Tidal_(service) https://en.wikipedia.org/wiki/Tidal_(service)
- ghaff 6y agoBecause the issue isn't the skim. It's that there's only so much money to spread around in a world where "everyone" expects to get access to all the world's music for $10/month.
- gh02t 6y agoServices like Bandcamp are working on a similar premise to that, but it's stuck in a bit of a catch-22. They need a lot of cash to sign licensing deals with the sort of big ticket artists that attract the numbers of mainstream customers they need to have that amount of cash. They have carved themselves out a nice niche as an artist-friendly music store, but their path towards competing with companies like Apple for the mainstream is about as uphill as it gets. Bandcamp isn't exactly a streaming service, but it's the same battle to be fought.
- corobo 6y agoBecause nobody will sign up for that and they'll get zero. People don't sign up to Spotify for the mentioned 80%, and if you include the mainstream music then you have the exact same problem with different branding