Obviously there’s some pretty big differences, but I have been thinking a lot about the new age of packaging forms of intellectual property and find myself coming back to comparing these 2 business models. Kevin Spacey recently spoke about the beauty of the simplicity in Netflix’s model, give the people what they want, when they want it at a reasonable price. In some ways Spotify offers a similar type of plan, however whereas Netflix is encouraging creativity and entry for quality, Spotify seems to be benefiting the same tiny sector of the industry that has been doing relatively okay since the first mp3 was created. How can Spotify encourage top-level quality that has been lost in the profit crisis it’s industry is facing. It seems that Netflix does this by acting as a channel itself and taking risks. What if Spotify signed bands directly as if it was a label itself. Obviously there are a lot of factors I’m not aware of in these businesses and have barely scratched the surface of the ones I myself am even aware of. Does anyone else have thoughts on this?
Reposted from http://bit.ly/14mOGOM on June 24, 2013 at 08:43PM
Musicians asked to ‘support their own pay cut’
Three members of iconic British psychedelic rockers Pink Floyd have penned an editorial condemning the practices of streaming music service Pandora, which they say has been trying to trick recording artists into cutting their own pay.…