Re:The metrics behind Spotify’s IPO
by majormajor on Tuesday March 06, 2018 @12:42PM
(#16530418)
By that time, actually, the four traditional TV networks were already quite disrupted by cable networks. Netflix was following a well-established non-major-broadcast-network model (e.g. HBO, USA, FX, Showtime, etc) that had achieved a lot of prominence already.
Some of the most talked-about shows in the country were only on cable.
I'm sure they pointed that way for TV content, too, when Netflix did House of Cards.
I think people want music that's "well known", music their peers also know about, and that goal is aligned with the big four labels, because they have the clout/infrastructure to get a song played on the radio etc., but it's not a causal relationship. With streaming becoming ever more popular, the idea that Spotify could achieve something similar, especially if they can tap into data to predict who's likely to like a new album, isn't too farfetched.