I see where you going with this, we have to realize that policy makers are extremely slow at breaking up monopolies, think about how we haven't broken up google or facebook or amazon. When do you think they will start to care about music. Although the FTC might stop spottily from acquiring Warner music for example.
As regards to your other post, lets not forget that spotify's market is 35B while warner music 13B, and spotify has the upper hand, if those big labels dont lease their music spotify, they are going to lose a lot of money.
A more interesting question is how can they monetize those exclusive content. For example for podcast, instead of podcaster talking about an ad, spotify could instead personalize the ad for each listener, since they already know their email address and what they listen to. This could increase the value for each of those ads thus increasing value of the company, but I am not so sure about the exclusive music route, other than attracting more people to the platform. Although one thing is for certain, if there is exclusivity, that might be the end of the golden era of streaming. itll be like PS and Xbox, each have their exclusive.
That’s true but I think that hopefully it would be Spotify and Apple needing to get approval rather than policy having to make it illegal because otherwise we’re f***ed lol
Damn that’s wild tbh I didn’t even realize. I guess it makes sense but damn they’re pretty reliant on the services themselves
And agree. It’s important for people to realize how good we have it rn because so many other industries move into exclusivity
Forgot to mention your point on monetizing . I think I mentioned it elsewhere but to me areas like that are gonna be where they compete or at least where I hope they compete. Apple is clearly pushing their radio side and Spotify is going for podcasts so it’ll be interesting to see how they find ways to make them a draw and turn profit from them
Exclusive music will not become a thing.
Most small artists barely make enough money as is and the big ones are too smart to make their music exclusive.
I dont think that all of music is going to be exclusive, but as safe pointed out there could premiers of albums/songs on services, or singles here and there. I agree that it would be unwise for an artist to be only on one platform Unless he gets compensated. But I also dont see why there wouldnt be exclusive content. For example I could see spotify buying COLORS, and just uploading all there recordings on spotify as an exclusive. So I think there is going to be a balance, its not going to be one sided.
I dont think that all of music is going to be exclusive, but as safe pointed out there could premiers of albums/songs on services, or singles here and there. I agree that it would be unwise for an artist to be only on one platform Unless he gets compensated. But I also dont see why there wouldnt be exclusive content. For example I could see spotify buying COLORS, and just uploading all there recordings on spotify as an exclusive. So I think there is going to be a balance, its not going to be one sided.
I think Hov, Beyonce and Kanye and a couple others tried to go a similar route and it simply didn't work out.
IMO Music is simply too accessible for it to go exclusive anytime soon, with the exception of part-time exclusive releases.
Exclusivity would also seem to lower financial opportunities for the artists, which is definitely repulsive for them.
I dont think that all of music is going to be exclusive, but as safe pointed out there could premiers of albums/songs on services, or singles here and there. I agree that it would be unwise for an artist to be only on one platform Unless he gets compensated. But I also dont see why there wouldnt be exclusive content. For example I could see spotify buying COLORS, and just uploading all there recordings on spotify as an exclusive. So I think there is going to be a balance, its not going to be one sided.
The colors thing is a real good example of how they can do exclusives without it being just like conventional album only on one platform
I think Hov, Beyonce and Kanye and a couple others tried to go a similar route and it simply didn't work out.
IMO Music is simply too accessible for it to go exclusive anytime soon, with the exception of part-time exclusive releases.
Exclusivity would also seem to lower financial opportunities for the artists, which is definitely repulsive for them.
That’s actually a good point re Tidal I kinda forgot they even did that
Kanye’s release was a massive lifeline for Tidal I think though iirc they got 1M+ subs for that alone
Would be interesting to see if that worked on one of the big services to truly say whether it was viable or not
That’s actually a good point re Tidal I kinda forgot they even did that
Kanye’s release was a massive lifeline for Tidal I think though iirc they got 1M+ subs for that alone
Would be interesting to see if that worked on one of the big services to truly say whether it was viable or not
It was a good move for the machine but not for the artist, which is why I believe it won't happen.
It was a good move for the machine but not for the artist, which is why I believe it won't happen.
Mmm true
That album would’ve done absurd numbers if he’d released normally
Mmm true
That album would’ve done absurd numbers if he’d released normally
Definitely. Would've easily been his most successful release after Graduation.
That’s true but I think that hopefully it would be Spotify and Apple needing to get approval rather than policy having to make it illegal because otherwise we’re f***ed lol
Damn that’s wild tbh I didn’t even realize. I guess it makes sense but damn they’re pretty reliant on the services themselves
And agree. It’s important for people to realize how good we have it rn because so many other industries move into exclusivity
Forgot to mention your point on monetizing . I think I mentioned it elsewhere but to me areas like that are gonna be where they compete or at least where I hope they compete. Apple is clearly pushing their radio side and Spotify is going for podcasts so it’ll be interesting to see how they find ways to make them a draw and turn profit from them
I dont think we are f***ed per say, but we are just more than ever at the mercy of monopolies. do you see how much the world is overrun by there big monopolies that are not getting regulated whats so ever. I mean for f*** sakes Facebook's daily active people was 2.26 billion on average for December 2019 (including whatsapp, insta, fb). It has always been the case that policy makers are playing catch up. Private company only cares about share holder value.
Yea bro like Andressen said "software is eating the world" and it is no different in music. We are extremely reliant on spottily and AM, and they are what majority of consumer interact with when listening to music, thats why I think it is inevitable that they will become labels them self, cut out the middle man.
Yea, thats a good point about monetization, I hope so too lol. I also dont think that spotify is going to stop at podcast, they should do everything aduio, eventually they are going to do audiobooks too imo.
I dont think we are f***ed per say, but we are just more than ever at the mercy of monopolies. do you see how much the world is overrun by there big monopolies that are not getting regulated whats so ever. I mean for f*** sakes Facebook's daily active people was 2.26 billion on average for December 2019 (including whatsapp, insta, fb). It has always been the case that policy makers are playing catch up. Private company only cares about share holder value.
Yea bro like Andressen said "software is eating the world" and it is no different in music. We are extremely reliant on spottily and AM, and they are what majority of consumer interact with when listening to music, thats why I think it is inevitable that they will become labels them self, cut out the middle man.
Yea, thats a good point about monetization, I hope so too lol. I also dont think that spotify is going to stop at podcast, they should do everything aduio, eventually they are going to do audiobooks too imo.
Agree esp in terms of social media monopolies are a little terrifying
Audiobooks is a good call
Obviously audible do that one book a month thing or whatever but books/audiobooks makes sense to me as the next streaming esque pay monthly and get a library type of thing
I think Hov, Beyonce and Kanye and a couple others tried to go a similar route and it simply didn't work out.
IMO Music is simply too accessible for it to go exclusive anytime soon, with the exception of part-time exclusive releases.
Exclusivity would also seem to lower financial opportunities for the artists, which is definitely repulsive for them.
Im going to assume you are referring to TIDAL, I dont think its the exclusivity part that was the mistake, rathter it is because TIDAL didnt have enough initial user base, for the system to be self sustaining. What we could say about that it is, exclusivity isnt enough for a customer to change their current streaming service.
I agree that music is very accessibile, but just like movies/TV I could easily just go to fmovies or any other illeagl video streaming service to watch TV but I sitll have netflix just cause it is so damn convenient.
Well if an artist can signs an exclusive deal with spotify, and end up with an equal or more amount then if they released it both to AM and spotify, it is beneficial for both parties except for the fans.
Agree esp in terms of social media monopolies are a little terrifying
Audiobooks is a good call
Obviously audible do that one book a month thing or whatever but books/audiobooks makes sense to me as the next streaming esque pay monthly and get a library type of thing
I think spotify or AM are going to bundle audio books in with rest of the service. Just like how amazon prime includes prime videos. Yo if you dont mind me asking, what are you trying to do in the music industry?
I think spotify or AM are going to bundle audio books in with rest of the service. Just like how amazon prime includes prime videos. Yo if you dont mind me asking, what are you trying to do in the music industry?
Definitely could see that
I’m really not sure yet
I’m an Econ major math minor so probably something more along the numbers line and hopefully eventually moving towards management either of artists or going into management of a label in some form
Im going to assume you are referring to TIDAL, I dont think its the exclusivity part that was the mistake, rathter it is because TIDAL didnt have enough initial user base, for the system to be self sustaining. What we could say about that it is, exclusivity isnt enough for a customer to change their current streaming service.
I agree that music is very accessibile, but just like movies/TV I could easily just go to fmovies or any other illeagl video streaming service to watch TV but I sitll have netflix just cause it is so damn convenient.
Well if an artist can signs an exclusive deal with spotify, and end up with an equal or more amount then if they released it both to AM and spotify, it is beneficial for both parties except for the fans.
Chance has already tried doing that and I dont think he or his team were too satisfied with the results
Chance has already tried doing that and I dont think he or his team were too satisfied with the results
They heard The Big Day demos and called it a day
Definitely could see that
I’m really not sure yet
I’m an Econ major math minor so probably something more along the numbers line and hopefully eventually moving towards management either of artists or going into management of a label in some form
oh say word, Im a stats major, last year I wanted to work for spotify, until I realized I wanted to do finance. I think working in AM or spotify would be wise, since they are the only part of music industry with large growth ahead. They are also the ones that needs the most mathematics, and lots of machine learning too. If you could work in the "label" part of Spotify, it could be a superior choice to the traditional label. Food for thought
I think with one of these post you should explore the relationship between streaming service and labels, how the music gets on these platform, how did they establish revenue splits, how spotify are trying sign independent artist...
oh say word, Im a stats major, last year I wanted to work for spotify, until I realized I wanted to do finance. I think working in AM or spotify would be wise, since they are the only part of music industry with large growth ahead. They are also the ones that needs the most mathematics, and lots of machine learning too. If you could work in the "label" part of Spotify, it could be a superior choice to the traditional label. Food for thought
I think with one of these post you should explore the relationship between streaming service and labels, how the music gets on these platform, how did they establish revenue splits, how spotify are trying sign independent artist...
Lol
I’m in the exact same boat in deciding if I wanna do this or go finance but imma just apply for both and see where I end up I think. Got a couple contacts in labels so I’ll try there as well as Spotify and Apple but yea you’re definitely right in terms of them being probably a better choice both in terms of fit and future
And I like that idea - might be a little more niche but I’d definitely enjoy doing it so imma definitely do it
You had the chart on revenue from music itself (~$9B) but how much revenue is generated from concerts/merch/etc. and how has that trended over time? And artists keep all of that unless they have a 360 deal?