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That is quite a barrier to innovation. Labels still seem to think only the established players will create the next big thing.
by frankdenbow 15y ago
That is quite a barrier to innovation. Labels still seem to think only the established players will create the next big thing.
- masklinn 15y agoLabels do not want a next big thing. Labels want two things: that their current business model keeps working, and that a new physical format completely incompatible with old ones comes along so users have to buy their whole collection again, as happened with DVDs. From this, you may think majors are retarded. They are.
- saturdaysaint 15y agoI'm curious as to what this has bought them - there are many comparably small music services (Rdio,Napster,Rhapsody,Spotify, etc.) that I'm assuming could not have paid amounts of this magnitude. As those services I just listed indicates, there's really no shortage of competition in the cloud music space...
- spullara 15y agoAll the streaming service pay by usage. My guess is that the usage for Apple is a lot higher. Look at how much Netflix and Pandora pay for their licenses.