3 ms·
Can you expand on financially precarious? Would like to understand what this refers too.
by notyourwork 3y ago
Can you expand on financially precarious? Would like to understand what this refers too.
- WanderPanda 3y agoI would assume margins are razor thin in the music streaming business, there are only very tame moats
- _aavaa_ 3y agoThey are being squeezed both by the app store gatekeepers who have a monopoly, in all but name, over distribution avenues, and by the music labels who have monopoly power over most artists.
- mlyle 3y agoYup, being wedged between monopsony and a music oligopoly can't be fun.
- julienreszka 3y agothey're not profitable