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Spotify opens on NYSE, valuing company at almost $30B

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Re: Spotify opens on NYSE, valuing company at almost $30B

#391

Post by exolymph »

bootlooped wrote: post #316
bogomipz wrote: post #222

Earlier quoted context omitted.

>"Starting their own label is exactly what they need to do to remain competitive. It's exactly what Netflix ended up doing and I think it's turning out pretty well for them." This seems to be a common refrain that Spotify can just "pull a Netflix." And this is very unlikely. Firstly no matter how much opriginal content they could create, if they don't have back catalog it's going to be a total non-starter for the mai…

> 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.

If this were true, Bandcamp and Soundcloud would be killing it.

Re: Spotify opens on NYSE, valuing company at almost $30B

#392

Post by FridgeSeal »

Audiophilip wrote: post #293
moistoreos wrote: post #282

Earlier quoted context omitted.

starting a new label would be a massive undertaking. maybe partner with Google and snag popular YouTube channel sign and distribute only within the Spotify ecosystem. HERE'S THE PROBLEM: Spotify doesn't pay shit to artists. They will have to increase the level of financial contribution to artists if they take this avenue.

Actually, they pay way better than most other streaming services: https://torrentfreak.com/artists-think-instead-spewing-spoti... Quote: “I can tell you that Spotify has made me about 30% more than iTunes, Pandora, Amazon, Xbox Music, Google Play, eMusic, Rhapsody, Rdio, Deezer, MediaNet, Simky, Nokia, and MySpace Music combined in that period. Even if you tack on my checks from ASCAP to that long list, Spotify is st…

It's fine if you're a huge artist like Beyonce, but I've read plenty of accounts from artists who bemoan Spotify's distinct lack of useful payout.

You get paid proportional to your plays, so even if you're a successful drum and bass artist, you're going to struggle to be supported by your fans via Spotify than via something like Bandcamp.

That's one of the reasons I went back to buying my music from Bandcamp/Beatport. I'll contribute significantly more to the artist than I ever would via streaming, and that's important if I like their work and want them to keep producing.

Re: Spotify opens on NYSE, valuing company at almost $30B

#393

Post by FridgeSeal »

atwebb wrote: post #58
guelo wrote: post #23

I just don't see how this can be a successful company long term. If the labels see any profit they will demand more fees at the next deal negotiation. To become music's Netflix they would have to produce their own music which people want to listen to, which is a lot easier said then done. The easiest route is probably to become Tidal and give the company away to a few big artists in exchange for exclusives.

They could look at purchasing Bandcamp, which has done a great job of promoting and selling independent music.

Please dear god no.

Bandcamp is maybe one of the few examples of a service/shop that actually benefits artists and fans. Having them bought out by some VC tech behemoth will almost certainly see their offering ruined.

Re: Spotify opens on NYSE, valuing company at almost $30B

#394

Post by dang »

jsjohnst wrote: post #383
bogomipz wrote: post #372

Earlier quoted context omitted.

>"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…

Please don't stoop to personal attack regardless of how wrong or annoying another comment may be.

https://news.ycombinator.com/newsguidelines.html

Re: Spotify opens on NYSE, valuing company at almost $30B

#395

Post by dang »

bogomipz wrote: post #386
jsjohnst wrote: post #383

Earlier quoted context omitted.

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.

Would you please do a better job of respecting the civility rule here? You've broken it frequently. That's a problem.

https://news.ycombinator.com/newsguidelines.html

Re: Spotify opens on NYSE, valuing company at almost $30B

#396

Post by ohf »

antishatter wrote: post #250
ohf wrote: post #171

Earlier quoted context omitted.

I'd wager that Spotify is nearing the point at which - if not already there - record labels cannot afford to revoke their license. If they can get away with it, they'll try to push some buttons, but I doubt a full confrontation. If there's any evidence against this, please let me know. I think it's interesting.

http://www.swedishwire.com/jobs/680-record-labels-part-owner...

Ah, shit.

Re: Spotify opens on NYSE, valuing company at almost $30B

#397

Post by maaaats »

maxxxxx wrote: post #18
froindt wrote: post #5

Maybe my perception is off, but it seems like we're getting lots of tech IPO's in a relatively short time. Stitch Fix, Dropbox, Blue Apron, Snap, and Roku to name a few. For a long time we weren't seeing too many big tech IPO's. Did something fundamentally change in the market to lead to this, or did all these companies just happen to make it to "market maturity" around the same time?

I think they are dumping their stock on the public before the market takes a downturn. For most of these stocks the only way to go is down.

If the only way is down, no one would have bought at current prices.

If the only way is down, the price would have corrected itself to the down level already. So there is no only way down anymore.

Re: Spotify opens on NYSE, valuing company at almost $30B

#398

Post by some_account »

_zachs wrote: post #168
synaesthesisx wrote: post #27

I do love Spotify as a product, however I don't think it will scale the same way Netflix does. Spotify is at the mercy of major record labels, and as their books become more transparent the record labels will squeeze every dollar they can for licensing. That is, unless they find a way to upend the record industry entirely. Spotify has a unique position with their amazing discovery/recommendations engine- they could p…

Starting their own label is exactly what they need to do to remain competitive. It's exactly what Netflix ended up doing and I think it's turning out pretty well for them. I wouldn't be surprised if Spotify tried poaching higher-level strategy people from Netflix.

Or compete with Netflix. If Viaplay can do it, perhaps Spotify can also.
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