Re:Are we going back to the cable days?
by dopeboy on Wednesday August 24, 2022 @04:28PM
(#32585319)
I would argue they are in a much more stable position vs Netflix. They are the one stop shop for every kind of audio. Retention will be the true barometer here.
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Re:Are we going back to the cable days?
by scarface74 on Wednesday August 24, 2022 @04:46PM
(#32585520)
How is a company that is not profitable and will never make more than a 30% gross margin on a customer in a more stable position?
They are also suffering from the “DropBox problem”. Streaming music is not a product. It’s a feature. Their largest competitors don’t have to make money on streaming music. Streaming music for Apple and Amazon are just features to sell hardware.
Re:Are we going back to the cable days?
by dopeboy on Wednesday August 24, 2022 @04:58PM
(#32585651)
Is this were the case, why is Amazon's and Apple's pricing the same as Spotify's?
Re:Are we going back to the cable days?
by scarface74 on Wednesday August 24, 2022 @05:03PM
(#32585713)
Spotify isn’t profitable. Apple and Amazon don’t need for their streaming products to be profitable as stand a line services.
Just like Microsoft doesn’t need for OneDrive to be profitable by itself - hence the “Dropbox problem”.
https://www.inc.com/will-yakowicz/why-dropbox-founders-said-...
Do you think AppleTV+ is profitable as $7.99 stand alone service?