A Nigerian Startup on Path to Solving the Digital Music Distribution Problem

Re:A Nigerian Startup on Path to Solving the Digital Music D... by jheriko on Thursday May 05, 2016 @08:44PM (#11640867)

You have to remember as well that cheapness matters, especially when piracy is actually the norm to the point that genuine copies are considered a frivolous luxury... which is true for the vast majority of people on this planet.

I'd easily take 10M units at 10c profit a piece over 50k units at 70c profit.

Imagine your lunch costs 5c instead of $5... not everywhere has the same economic values.

[ Parent | on HN ]

Re:A Nigerian Startup on Path to Solving the Digital Music D... by PeterisP on Friday May 06, 2016 @08:49AM (#11643566)

You can reduce your margin, but you can't really reduce the wholesale price. If the big labels expect to take $0.70 from you and your target audience is not willing to pay a dollar but rather something like $0.50, then you can only make negative profit.

[ Parent | on HN ]

Re:A Nigerian Startup on Path to Solving the Digital Music D... by geon on Friday May 06, 2016 @09:08AM (#11643669)

You are assuming the music execs are rational, which evidently they are not.

[ Parent | on HN ]