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Get Ready For a Streaming Music Die-Off
walterbyrd writes "Streaming services are ailing. Pandora, the giant of its class and the survivor at 13 years old, is waging an ugly war to pay artists and labels less in order to stay afloat. Spotify, in spite of 6 million paid users and 18 million subscribers who humor some ads in their stream, has yet to turn a profit. Rhapsody axed 15% of its workforce right as Apple's iTunes Radio hit the scene. On-demand competitor Rdio just opted for layoffs too, in order to move into a 'scalable business model.' Did no one wonder about that business-model bit in the beginning? Meanwhile, Turntable.fm, a comparatively tiny competitor with what should have been viral DNA, just pulled the plug on its virtual jam sessions this week—and it just might be the canary in the coal mine."
The next generation may be the one that grows up without music.
The article is FUD. Why? Because there is still demand for this service.
Sure, current generation of services might die off, but as long as there is demand there will be a way to make money off it. Just look at the radio - they found a way to keep music "streaming" and pay the bills for the past 100 years or so. It is just a matter of finding correct monetization strategy.
The musical taste of an peson set at age 14.
So just download the last 20 years of music in about half an hour you have your music for life.
I wonder how much of this is just adjustment of the market to over-saturation.
That is not to say the RIAA is not shooting itself in the foot by pushing for higher royalties then the consumer will bare, but I do wonder if the explosion in sites has lead to more then there is room for.
This is just the beginning of the end for the corporate music industry. This has been going since the Napster days, and is just jumping from format to format. There is no profit left in corporate music (Labels). The number of good music acts is increasing as the wealth that was centralized by Labels becomes decentralized. Will there still be megabands and huge starts? Of course. However, the number of quality musical artists, who are able to reach a much wider audience, will spread out the available dollars to a broader selection of talent.
The real money will be made playing music live for fans to enjoy. Here's to hoping for the death of the "boy bands" and talentless whores who take off their clothes and call it a musical act.
Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
Back to downloading music for free and setting up playlists then!
Its doing quite nicely thank you - admittedly thanks to googles large bank balance - and its what pretty much everyone I know uses to listen to music on now. If you want to download music of course thats a different matter , but to just listen to ad-hoc music in the background while doing something else YouTube is as good as any.
Could you please point to a generation that had no music? Cavemen had music, as far as I can determine. Which generation since has done without music?
The problem here is, that people expect to MAKE MONEY off of music.
I don't pay money for music, yet I have music. If the web just dried up, if television and radio stopped broadcasting music, I would still have music. Two of my three sons have learned to play guitars. I used to play the trumpet, I could relearn all that I've forgotten.
Grow up without music? Come on, just try to get in touch with reality.
Big deal, the big corporate honchos may find that they can no longer make mega-bucks from music. It's not like they actually CONTRIBUTE any thing to music. They are frigging parasites. Let them die off. Just starve them. The world won't miss them.
We will still have no-name kids playing music because they love music. And, if they are actually any good at it, people will reward them for playing. People will still be entertained.
Grow up without music. Preposterous.
"Windows is like the faint smell of piss in a subway: it's there, and there's nothing you can do about it." - Charlie Br
My business, (as with millions of businesses), exceeds the square footage that's allowed for legally playing a radio. As a result, I pay DMX/Pandora for the privilege. The service sucks. I either need to download an app or load Flash onto my computer to administer the account and the music choice. The rotation is repetitive. It takes between 20 and 45 minutes for the genre or channel to change. The remote control doesn't work properly. The stream inexplicably stops often. Customer service is abysmal. iTunes Radio can't be used in commercial settings. Same with Spotify. And Rhapsody. When one's business practices consist of poor user experience, poor customer support, and poor product delivery one's business deserves to die. This isn't a result of a shit market, it's the result of shit products.
That's what gets me. If rappers insist on singing about bitches and hoes, why aren't there more rap songs about dog breeding and gardening?
If the cited trend in this article is true, perhaps young listeners might learn of the majesty of Beethoven, the emotion of Tchaikovsky, the joy of Gershwin.
Ludwig van Beethoven and Piotr Tchaikovsky yes, George Gershwin no. Along with The Walt Disney Company, Gershwin's estate was one of the biggest lobbying forces behind the Copyright Term Extension of 1998, the statute that initiated what some believe to be Congress's policy of "perpetual copyright on the installment plan". Gershwin's piece Rhapsody in Blue, first published in 1924, is perhaps the oldest famous piece of instrumental music still under copyright in the United States.
Some law states the max square footage you are allowed to play a radio?
Yes, at least in Slashdot's home country. The bill was enacted as a rider to the Copyright Term Extension Act of 1998.