381–390 of 479 posts
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I know it’s just an acecdote, but I don’t know a single person that uses Apple Music. Spotify already has a huge library and mindshare. It was too little too late for Apple IMO
Which is why you should never draw conclusions from anecdotes.[1] [1] Apple Music is set to surpass Spotify in paid US subscribers this summer https://www.theverge.com/2018/2/4/16971436/apple-music-surpa...
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I’m curious. Do a lot of people actually use a single music streaming platform? As an avid music lover, I get my new doses from various services. Spotify is the only one that I pay for. I mainly use it to discover the latest mainstream stuff from genres I don’t typically listen to. But the Beatles? Come on, why isn’t that saved in your hard drive somewhere?
Why would I save music on my hard drive when I have music streaming services?
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And you don’t think those folks weren’t streaming because they were heavily pushed towards it? First 48hrs is completely irrelevant, I want to see sustained numbers. I’m not saying the later numbers don’t show them leading still, I’m just saying your choice of facts doesn’t support the argument you are making.
>"And you don’t think those folks weren’t streaming because they were heavily pushed towards it?" It's very bizarre that you don't understand the magnitude of the The Beatles. They are not something that requires a push. So here's some number regarding the first 3 months of their catalog being available on Spotify: "24 Million Hours Of Beatles Music Has Been Played In Their First 100 Days On Spotify The company revea…
I’m not sure why I’m bothering because you continue to miss the point and instead use multiple logical falicies to try to belabor your point. I get it, you have an obsession with this and you want to convince the world you’re right, doesn’t make it so.
I’m happy to be proven wrong as I have no skin in the game, but so far, you’ve not done so.
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This is something that has been bothering me. Doesn't it seem like stock prices are getting out of whack?
There aren't enough IPOs and companies to invest into, so the public markets are chasing anything they can get their hands on. Do these companies have value? Absolutely. Is the demand arbitrarily high because there's supply? Absolutely.
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How many shares do we think it would take to purchase a major record label at this point? What about a perpetual license to their content (since buying a label could be seen as anti-competitive)? This would certainly help avoid some of the down-side risk to the business. That said, their IPO didn't exactly help the company clear the working capital they'd need to do this.
Well there's no such things a "major record label" anymore. When people say "the Big 3" each of those three is global conglomerate. The result of years and years of consolidation. Using the smallest of these 3 Time Warner Music Group, the company did $2.87 billion in revenue in 2013[1]. Let's say that Warner was actually interested in a sale. Let's say that the multiple they were looking for was 5x. Where is Spotify…
Where does the fear of these labels come from?
Why doesn’t someone just buy them for the catalog, and fire everyone in the dying parts of the business?
De-risk your revenue model, and gain leverage vs other streaming services.
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>"And you don’t think those folks weren’t streaming because they were heavily pushed towards it?" It's very bizarre that you don't understand the magnitude of the The Beatles. They are not something that requires a push. So here's some number regarding the first 3 months of their catalog being available on Spotify: "24 Million Hours Of Beatles Music Has Been Played In Their First 100 Days On Spotify The company revea…
Your original point was that millennials and younger love the Beatles on Spotify. How does this new reply show that? I’m not sure why I’m bothering because you continue to miss the point and instead use multiple logical falicies to try to belabor your point. I get it, you have an obsession with this and you want to convince the world you’re right, doesn’t make it so. I’m happy to be proven wrong as I have no skin in…
No my original point was the value of back catalog.
While its unfortunate that you aren't able to follow the conversation, it's even more unfortunate that you insist on making comments when you have nothing of value to add.
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> A streaming service that has no Beatles, Pink Floyd, No Motown, No AC/DC etc is going to shed users pretty quickly. I disagree. I think for most people music is fungible; they just want something to listen to. I think Spotify can afford to have gaps in it's library. Sure, if a large enough portion of the music industry cut them off it would be an issue, but I don't think they're in imminent danger of that.
Most people listen to top 40 music and artists, and not much else. Most people on Spotify don't make their own playlists at all, and just rely on the ones that Spotify supplies in the Browse tab, or listen to albums. From a quick scan of the friend activity pane, if Spotify only had music from the past 5 years, 80% of my friends would still be able to listen to their music. People complaining about gaps in their libr…
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Your original point was that millennials and younger love the Beatles on Spotify. How does this new reply show that? I’m not sure why I’m bothering because you continue to miss the point and instead use multiple logical falicies to try to belabor your point. I get it, you have an obsession with this and you want to convince the world you’re right, doesn’t make it so. I’m happy to be proven wrong as I have no skin in…
>"Your original point was that millennials and younger love the Beatles on Spotify" No my original point was the value of back catalog. While its unfortunate that you aren't able to follow the conversation, it's even more unfortunate that you insist on making comments when you have nothing of value to add.
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Which is why you should never draw conclusions from anecdotes.[1] [1] Apple Music is set to surpass Spotify in paid US subscribers this summer https://www.theverge.com/2018/2/4/16971436/apple-music-surpa...
Most of these users are converting from their shrinking iTunes business.