Your post has me wondering as many seem to transition to streaming. Should the business model not be viable those that pitched their vinyl and/or CD collections could be left in a lurch, especially if investing in a higher priced streamer. If the streaming model were to change to subscription, plus, with plus being advertising and price per selection, well that could kill it. Personally I think that may be where streaming is heading long term.
I am pretty sure streaming is here to stay. With Spotify in particular they seemed a little late to the party for the paid subs. It’s been my observation (no science, no studies) that Spotify users in general are not concerned by fidelity. It’s either cheap earbuds plugged into a laptop, or wireless earbuds listening.
Our daughter and all of her friends would rather deal with commercials then pay a subscription. Our daughter who could be using Qobuz stays with Spotify because that’s where she has years and years of favorites, playlists and artists tagged. Asked if she wants the higher resolution, and her response is, “no this is fine”. It’s too bad she didn’t pick a low resolution under grad and post grad school…
Edit - I want to go on record and say that this approach to low-fi streaming is OK by me. It’s far better than nothing. I am also reminded that I know several people who use Spotify with Sonos and they are very happy.
Not arguing, but as we have seen with video streaming services, the investors will demand a reliable revenue stream. I can only imagine changes to support investor needs. I recall the 'deal" HBO was when originally available on cable, and partly responsible for cable’s take-off. Spotify has its place and the market may be price sensitive, so advertising etc. may become more common place.
Who knows, some trillionaire may purchase the streaming services and totally shake-up the business model.
I appreciate your points. I think you’ve confirmed my suspicion that if there’s enough of us to pay Qobuz or Tidal subs, they will be a viable offering until something else comes along.
I’m not sure any of us can discount Amazon or Apple out of this space just yet. They both have the memberships from other offerings. And like Spotify, I know several people very happy to stream Amazon music to groups of Sonos speakers throughout their homes.
I did read that when it happened. My take-away: talking heads speculating. Square knew Tidal was losing money when the bought them. There has to be a reason that they’ve not disclosed. $55M in loss per year is more than a hobby purchase.
I don’t think streaming is going anywhere, Though it does seem to have become the Evil Overlord that the big labels used to be.
Spotify was just set up on an unsupportable model for the long term. They may survive in some form, but personally I think it would be good if they died and made more room for the rest. But maybe that’s because I don’t use Spotify😝
As far as Twitter, didn’t Elon just buy them? And how would future Presidents communicate without it?
Amazon is putting the squeeze on many of these services, in particular Spotify. Most who have that have amazon. The few i know in Spotify like its free, and they have all their lists saved there.
Hardly anyone pays for music any more. Its a very strange concept. Do bands make too much the old way (physical media) and do they make too little the new way (streaming). Where is the happy medium?
Artists never made too much the old way. The labels kept the lion’s share then as well. With most products, if you make a really good one, and millions of people buy it, and you make a bunch of money, you’d think “that is the way it is supposed to work”.
I was a big fan of Joni, CSN, CNSY and that time period. I never knew anything about what they thought or how they felt other than what was in their music… Interesting to read and look back on now.
Very interesting article. While I can understand his attitudes on the variety of topics they discuss, I find it hard to sympathize with him, other than perhaps over his rift with Crosby (who at least has the self-awareness to describe himself as a major a**hole). I can’t help feeling in the end that Nash is a rather sad figure, largely because of his ego, which doesn’t appear to have matured commensurate with his age or his image as the most grounded of the group members.