Connect To Fans
  • Home
  • Our Work
  • Interviews
  • About
  • Clients
  • Contact
  • Blog

You Thought Music Streaming Services Could Not Get Worse

12/14/2015

 
Pandora is the music streaming service that proved that a complex algorithm can be way worse than just putting your iPod on shuffle play. Apparently their business model does not work. They make money through advertisements that people ignore. Also, in theory, some people pay for a subscription to Pandora. Although, these are kind of like Elvis sightings. You hear about this happening, but you never meet anyone who actually had the experience.
The company is complaining that the money they pay out to the makers of the music – 14 cents for every 100 songs – is too much. They claim that if they are going to reach their goal of making a lot of money off of the work of other people, then those other people will have to be paid less.
However, for some reason the other people don't like this idea too much. Which is shocking. After all, let's say you were in the gasoline business and you were paying the oil companies the hefty fee of 14 cents per 100 barrels of oil. If you went to them and said it was too much, I'm sure they would understand and immediately cut their price in half.
It seems to me that there is a simple solution to this problem though: The employees of Pandora just need to write and record a few million hit songs. Then they can play their own material and that painful 14 cent charge will go away.
(Read the New York Times article "For Pandora, Ruling on Streaming Royalty Rates Is Crucial")

Comments are closed.

    Author

    Cris Cohen

    Archives

    February 2021
    November 2020
    July 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015

    Categories

    All
    Blog
    Business
    Interviews
    Social Media

    RSS Feed

© COPYRIGHT 2019. ALL RIGHTS RESERVED.
  • Home
  • Our Work
  • Interviews
  • About
  • Clients
  • Contact
  • Blog