5 ms·

Music subscription space is not profitable.

• joenathan 14y ago
  Until it is.
  • mtgx 14y ago
    Until the labels stop taking the vast majority of profits from these services to allow them to be profitable. http://mediadecoder.blogs.nytimes.com/2012/08/24/pandora-and-spotify-rake-in-the-money-and-then-send-it-off-in-royalties/ http://mediadecoder.blogs.nytimes.com/2012/08/24/pandora-and... There was a post about it from Spotify, too, but I can't find it now.
    • dchuk 14y ago
      but they won't do that, because they have and always will be a leaching industry. Any new revenue stream that emerges they're going to frantically latch onto.
      • b1daly 14y ago
        In what sense are the labels a leaching industry given that they put up a major proportion of the resources to produce the "content?" Spotify is a straight up middle man, what value do they really add?