Re:A few things I’ve come to believe in my years in music tech
by mastazi on Wednesday December 08, 2021 @03:34AM
(#29482399)
> they don't really make their money through discovery, they make money through things they sell alongside discovery.
that doesn't contradict the assumption that it's a viable business. Search engines and social media services make money from ads but I don't think it would be fair to say that search engines or social media services are not viable business.
Re:A few things I’ve come to believe in my years in music tech
by bobthepanda on Wednesday December 08, 2021 @11:13AM
(#29486518)
The specific claim was “viable business on its own.”
for radio, that is ads or subscriptions, but radio revenue has been down like the rest of traditional media. for clubs, that is the multiple rounds of overpriced drinks, and maybe a cover.
Spotify's monthly cost is comparable to about two or three mixed drinks, maybe one in an expensive city like New York or Miami. People blanche at paying any higher; remember how people reacted to Tidal being comparatively expensive?