4 ms·
The competitor is piracy. A mixture of 'too many' streaming services with unique exclusives, which is arguably already the case, or too high of prices will corr
by somenameforme 3y ago
The competitor is piracy. A mixture of 'too many' streaming services with unique exclusives, which is arguably already the case, or too high of prices will correspondingly drive more piracy.
In a way we're kind of regressing into the scenario that Netflix originally resolved. It sucked having to rent movies a la carte, at movie rental places that often wouldn't even have what you wanted. Now you're basically doing the same thing, except you're renting access to an exclusive catalogue instead of a single movie.
- mlyle 3y agoAnother competitor for new music is old content. Today's popular music is popular, but the proportion of music played that's considerably older is higher than ever before. Distribution isn't a push model where radio play and what's stocked in record stores drives everything and devalues the old; people have broader tastes than before. This means that if you try to jack prices, people will substitute existing things they have in their library much more readily.