Re:TV series about startup failures, portraying greedy found...
by capableweb on Sunday May 07, 2023 @09:16AM
(#35851227)
Well, in my experience in traveling around the world, Spotify is available in every country I've ever been to (according to https://support.spotify.com/us/article/where-spotify-is-avai... at least), while others are spottier coverage.
Sure, not all songs are available everywhere, but there is at least some coverage. Apple Music seems to have pretty widespread coverage too (https://support.apple.com/en-us/HT204411) but I could find at least a few places I visited recently where it wasn't available while Spotify was (Bangladesh and Haiti are two examples)
Re:TV series about startup failures, portraying greedy found...
by zamnos on Sunday May 07, 2023 @07:09PM
(#35856466)
The question is: How's Tidal doing?
Re:TV series about startup failures, portraying greedy found...
by lotsofpulp on Sunday May 07, 2023 @09:28PM
(#35857167)
Why is that the question?
In any case, looks like Tidal has never earned a profit, but was bought by Block for $300M a couple years ago for unknown reasons. I cannot imagine that worked out for Block shareholders.
https://www.fool.com/investing/2021/03/08/square-just-bought...
> At best, analysts estimate the company has 5% of the music streaming market
> it has lost money every year since it started
Re:TV series about startup failures, portraying greedy found...
by zamnos on Thursday May 11, 2023 @08:55AM
(#35901351)
It's the question because the fact that Spotify has to buy from the three big labels has a friend - the big three labels have to sell to Spotify. Tidal's lack of success tells us that.
Unless Spotify obtains copyright for all the popular music in the world people want to listen to, or media or whatever, I do not see how this is a possibility.
Currently, Spotify has to buy from the 3 big music publishers (which limits the amount of expenses it can reduce), and it sells to people who have the option from buying from at least 4 streaming services which are relatively trivial to switch to (which limits the amount of revenue they can earn). The exact opposite of the situation you want your business to be in.