4 ms·
Anytime Spotify makes money the music labels up their prices. Music streaming is not that great of a business model.
by IdiocyInAction 3y ago
Anytime Spotify makes money the music labels up their prices. Music streaming is not that great of a business model.
- nly 3y agoSound spike music licensing is a great business model though!
- mrguyorama 3y agoCartels and rackets usually make money yes.
- saganus 3y agoWhat about the podcast space? They already invested hundreds of millions on Joe Rogan and can't even develop a half-decent podcast interface. Maybe they could improve on that front and diversify a bit?
- teruakohatu 3y agoThe thinking may have been that they cannot make money from music, but maybe podcasts could be profitable.
- kiicia 3y agoThey will be met with resistance. Podcasts were always free, many even long time listeners will drop podcast instead of paying for it… Also podcasts were offline by design, I know times change, but still it’s too early…
- saganus 3y agoExactly. That's why it's baffling to see them spend, what? 100-200? million dollars just on Joe Rogan, to then spend 0 dollars in podcast UI improvements. I could imagine taking a Netflix-style approach perhaps, where you fund small-ish podcast producers and see what sticks. Perhaps develop a podcast-specific UI mode. Maybe create a monetization platform for podcasts (similar to Substack) so that you can attract talent and then extract the all-too-familiar XX% in platform fees? I mean, I'm sure Spotify employees have thought of these things before, it's not like these ideas are revolutionary. But I see nothing that makes my Spotify subscription a must-have.
- ss108 3y agoI too have been perplexed by how second-class podcasts are on there.
- retSava 3y agoAlso, see "hollywood accounting".