Re:The Big Short of Streaming
by palijer on Monday February 07, 2022 @04:23PM
(#30251394)
Spotify is pretty amazing as a company for how they managed to get 70% of their revenue to rights holders[1] I can't imagine this ratio could be easily surpassed by any physical music store chains, or any other tech company.
At the end of the day, people have a limited budget to spend on music. That isn't going to change. If the delivery isn't good enough, that money doesn't get spend by some folks and the delivery mechanism is handled by piracy. 70 percent is a pretty damn impressive ratio, I can see other folks entering into the market and spending that same amount on their AWS bill instead.
Secondly, there are some interesting findings[2] that combating and censoring misinformation doesn't actually do anything. It is interesting to see musicians demanding that Spotify do some action, without the effect of the action being scrutinized to the same level that Spotify is for not doing an action.
At the end of the day, people have a limited budget to spend on music. That isn't going to change. If the delivery isn't good enough, that money doesn't get spend by some folks and the delivery mechanism is handled by piracy. 70 percent is a pretty damn impressive ratio, I can see other folks entering into the market and spending that same amount on their AWS bill instead.
Secondly, there are some interesting findings[2] that combating and censoring misinformation doesn't actually do anything. It is interesting to see musicians demanding that Spotify do some action, without the effect of the action being scrutinized to the same level that Spotify is for not doing an action.
[1] https://freeyourmusic.com/blog/how-much-does-spotify-pay-per...
[2]https://royalsociety.org/news/2022/01/scientific-misinformat...