Toggle sidebar

OT: Spotify

CJ1987

CJ1987

Junior
Oct 21, 2010
544
325
63
Not sure what you're asking but I have a monthly subscription.....
 
R

RBS05

All-Conference
Jan 15, 2004
6,059
3,019
113
I assume he means the stock since they IPOed a couple days ago.
 
O

ouchmyknee

All-American
Nov 10, 2006
3,853
6,328
91
It was a direct listing so not much chance to get in on it. As someone who was one of the first 50 users in the US (back when they were Europe only) and friendly with one of the founders, it’s a really tough business to get behind. The business model is just so wonky. The more successful Spotify becomes, the more their costs rise with label payouts. I don’t think we’ll see this model mature until it becomes more viable for artists to break without the need of a major label. At that point, it might be worth investing in streaming, but right now prob not.
 
S

Sect120

Freshman
Aug 15, 2013
304
66
0
ouchmyknee said:
It was a direct listing so not much chance to get in on it. As someone who was one of the first 50 users in the US (back when they were Europe only) and friendly with one of the founders, it’s a really tough business to get behind. The business model is just so wonky. The more successful Spotify becomes, the more their costs rise with label payouts. I don’t think we’ll see this model mature until it becomes more viable for artists to break without the need of a major label. At that point, it might be worth investing in streaming, but right now prob not.
Click to expand...

you nailed that right on the head
 
T

theRU

All-American
Dec 17, 2008
11,135
5,798
0
ouchmyknee said:
It was a direct listing so not much chance to get in on it. As someone who was one of the first 50 users in the US (back when they were Europe only) and friendly with one of the founders, it’s a really tough business to get behind. The business model is just so wonky. The more successful Spotify becomes, the more their costs rise with label payouts. I don’t think we’ll see this model mature until it becomes more viable for artists to break without the need of a major label. At that point, it might be worth investing in streaming, but right now prob not.
Click to expand...
My understanding is that the labels have some considerable equity in spotify. Since they control the licensing fees, they can control how successful spotify (their equity) becomes. If thats true, they will have a vested interest to ensure spotify succeeds over Apple and other streaming services where they do not have equity and stand to lose their business too.

is that accurate? Thoughts?
 
A

Armor and Sword

All-Conference
Oct 18, 2007
4,505
1,319
0
Is it possible that the small time artist might make more $$ off the stock than the royalties received through Spotify?
 
You must log in or register to reply here.
Top Bottom