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Pretty soon everything on the internet is gonna cost much more than it does today I'm afraid. A lot of these low prices are subsidized by venture capital as th
by Flatcircle 4y ago
Pretty soon everything on the internet is gonna cost much more than it does today I'm afraid.
A lot of these low prices are subsidized by venture capital as the companies chase market share.
For example, Spotify is ludicrously underpriced. Less than 10 bucks a month to hear basically every song ever recorded? Not sure that can last.
- brookst 4y agoSpotify also notoriously underpays musicians; their cost per stream is less than their competitors[0], and they are betting heavily on regulatory action to lower costs further[1]. So it’s not just VC subsidies, but also other unsustainable distortions. [0] https://soundcharts.com/blog/music-streaming-rates-payouts https://soundcharts.com/blog/music-streaming-rates-payouts [1] https://www.musicweek.com/digital/read/spotify-tells-competition-regulator-that-streaming-innovation-risks-being-held-back-by-label-clauses/086595 https://www.musicweek.com/digital/read/spotify-tells-competi...
- pjc50 4y ago> Less than 10 bucks a month to hear basically every song ever recorded? Not sure that can last. When it launched, it had to compete with "free" via piracy.