No Music Streaming Site has never made a profit

[Kenny West]

Rdio came out like a year or to ago. Going under already

I listened to the entire Camron catalog on that shyt

 

[RTF]

I picked Spotify as an example. Pandora haven't made a profit in any year either. Or any music subscription website.

Youtube was profitable within 5 years. Most of those early years there were practically no ads.

Youtube didn't have any income stream for YEARS.... no ads no nothing....


Now once they suck everybody in the world in, MONOPOLIZE the entire market, make it IMPOSSIBLE for any competition to survive, their is ads all over the place... where you gonna go, break.com?



Youtube's first year of profit = 2010... and now they are making billions per year.

This point will never come. If music streaming looks like it could be extremely lucrative a bigger tech giant.. Apple for example could drastically change their music streaming model and run it at cost price and just use it as another incentive to be in their eco-system or buy their latest phone.

Amazon isn't a good example as they deal with physical product largely. You can't copy what Amazon has done. Anyone can copy Spotify with a few minor tweaks.


Music streaming is criticised as the death of the major labels yet it seems like they are one of the few true winners in music streaming. It's certainly not the artists.

 

[charmander]

retarded thread

at least pretend to understand what you're talking about

 

[Ranger21]

I picked Spotify as an example. Pandora haven't made a profit in any year either. Or any music subscription website.

Youtube was profitable within 5 years. Most of those early years there were practically no ads.

This point will never come. If music streaming looks like it could be extremely lucrative a bigger tech giant.. Apple for example could drastically change their music streaming model and run it at cost price and just use it as another incentive to be in their eco-system or buy their latest phone.

Amazon isn't a good example as they deal with physical product largely. You can't copy what Amazon has done. Anyone can copy Spotify with a few minor tweaks.

Music streaming is criticised as the death of the major labels yet it seems like they are one of the few true winners in music streaming. It's certainly not the artists.

Youtube could have quicker rise from profits because they arent paying labels for fees as much as spotify.

Also apples new push within itunes on the iphone is streaming music......

Spotify will be fine. It wasnt a company built for a short term flip of profits. They released the product less then 5 years ago.

 

[RenAi!]

Whether or not you agree with the op (or point out grammatical follies), I still prefer threads like this in contrast to a lot of the others in the booth.