Re:Spotify opens on NYSE, valuing company at almost $30B
by Stanleyc23 on Tuesday April 03, 2018 @02:29PM
(#16747652)
IMO signing exclusive artists seems like a strategic red herring because such deals would not be done in a vacuum. I think the transition period in building up substantial leverage with exclusive artists means theres quite a bit of time for the record labels to retaliate.
My pie in the sky recommendation would be to figure out a way to offer a record label's services for free without exclusivity. Then existing labels will have nowhere to turn.
Re:Spotify opens on NYSE, valuing company at almost $30B
by mitsubishi77 on Tuesday April 03, 2018 @04:57PM
(#16749101)
>as somebody who has tried to buy tickets to a hot show on Ticketmaster the second they go on sale and watched the servers melt...
I’m just as amazed by that this problem has yet to get solved today as I was 15 years ago.
Re:Spotify opens on NYSE, valuing company at almost $30B
by lovemenot on Tuesday April 03, 2018 @07:07PM
(#16750263)
Presumably it's a technological arms race in which the platform has little incentive to innovate to get ahead of the touts. The platform gets paid either way, whether fans or touts are buying. Touts however, are massively incented to keep fans away from the hottest tickets.
Re:Spotify opens on NYSE, valuing company at almost $30B
by majani on Tuesday April 03, 2018 @07:47PM
(#16750548)
Check the freakonomics show about ticketmaster. The tickets problem is not going away any time soon, and no company that leans heavily on good PR is going to get into that business
They won't be able to get into concert tickets at the present time in any significant way due to the exclusive agreements between Ticketmaster and venues. Though maybe the could start with some smaller acts and venues and work their way up.
Live performances is where the money is for the artists which is why record labels are now signing acts up for complete deals which include not just the music rights but the concert and merch rights as well.
Edit: as somebody who has tried to buy tickets to a hot show on Ticketmaster the second they go on sale and watched the servers melt, it is Amazon that I would like to see get in the ticket game.