I hate Siri. It never works and rarely finds any music I ask. Unless I enunciate every word.
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Spotify Now Has 70 Million Paid Subscribers
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I hate Siri. It never works and rarely finds any music I ask. Unless I enunciate every word.
I subscribe to a music service, but I don't consume via it.
Most of my music consumption is via the radio in my car (connected to my phone), or Sonos (connected to my wifi). It doesn't bother me which service allows that to happen.
It's a bit like saying Visa is better than Mastercard. I couldn't care less. They both amount to the same thing for me.
Most of my music consumption is via the radio in my car (connected to my phone), or Sonos (connected to my wifi). It doesn't bother me which service allows that to happen.
It's a bit like saying Visa is better than Mastercard. I couldn't care less. They both amount to the same thing for me.
Of which a huge chunk goes towards the labels and record companies (over 70%). Minus costs and you aren’t really left with anything.
You obviously do not understand what “total unrestricted access” means ... because no you cant
Spotify isn't profitable mostly because it's doing what a lot of market-making businesses do when the markets they're making (or helping to make) begin to explode: It's spending a lot of extra money trying to grab up as much of the market as it can as doing that now is easier and cheaper than it will be later.
Right now, gaining a lot of new customers doesn't require pulling most of them away from a competing service. Many of the new customers it gains now will be new to streaming. Later on, gaining a lot of new customers will mean pulling most of them away from competitors which will be offering similar services at similar prices. That won't be easy. So Spotify is getting while the getting is easy, and accepting that that means delaying the point in time when it becomes profitable. As I suggested in my previous post, it can afford to do that as it has a good bit of cash on hand. And it has good operational cash flow now.
Spotify also has pretty significant borrowing costs as it has raised a lot of capital through borrowing. That's another reason why it isn't yet profitable.
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...with 100x the name recognition at launch. Not to mention the captive user base Apple has access to.
The takeaway is Spotify added 1/3 of Apples total paid subscriber base in 6 months!
Spotify is the superior service by a margin, and the numbers show.
Is Apple Music going to be the Hotmail of the streaming world, or is Spotify?
I hear SoundCloud is dying. The shakeout is starting? I don't keep up on that market so I really don't know it. How much is the upcoming death of net neutrality going to effect these companies? And post-net neutrality, will the emboldened corporations start cutting the bandwidth (even more) that they graciously offer their paying customers?
Embrace the suck I guess, or at least the unknown unknowns...
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It's got to be hard to run a corporation like that because you probably never know what corporation is going to get the ear of some *cough* regulator *cough*, or congress minion *gag* that is going to make it rain on your parade...
I hear SoundCloud is dying. The shakeout is starting? I don't keep up on that market so I really don't know it. How much is the upcoming death of net neutrality going to effect these companies? And post-net neutrality, will the emboldened corporations start cutting the bandwidth (even more) that they graciously offer their paying customers?
Embrace the suck I guess, or at least the unknown unknowns...
[doublepost=1515105465][/doublepost]
It's got to be hard to run a corporation like that because you probably never know what corporation is going to get the ear of some *cough* regulator *cough*, or congress minion *gag* that is going to make it rain on your parade...
I recently had to cancel my spotify membership. I received a free 6mo Apple Music trial when I bought an Apple Watch (I was very polite with the salesperson) and have been enjoying that. It's smarter than spotify and I also like having my whole music library up in the cloud too with regular and smart playlists fully intact... something Spotify does not do.
Then give some time to Spotify too.. may be in couple of years.. they will become profitable. If you think free users means lost money, you may want to look at Facebook. In today's world, conventional economy principles don't apply.
I guess it means something to someone who's all in with Apple. I'm not, so it's probably like I mentioned to someone earlier; out of sight, out of mind. Never found the appeal of being all in with a company. Not that there's anything wrong with it. Just never found the appeal myself
It always tickles me when people leave cost out of their math. As if every dollar is profit.
Well AM now has user shared playlists which can be made public too.
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You just made my point.
HobeSoundDarryl
macrumors G5
You believe what you wish but how often does the default get usurped by some third party software offering- especially an Apple default vs. any third party offering? It is a TREMENDOUS advantage for Apple to make AM the default, woven right into the Music app.
I'd love to see some universe where Apple Music was just someone else's Peaches or Pear Music app left to compete against Spotify, etc. Then again, in that universe, since Apple is NOT a streaming music competitor, we're all gushing praise & love for Spotify, etc... as we used to before Apple decided it wanted to bite into that market.
Bad example with Facebook. Facebook doesn't have to pay licensing for its content (ie users photos and posts). Spotify has to pay for the content its users consume in addition to the operational costs. The free tier has to go for them to be profitable. And once it does, they will lose users. Apple, Google, Amazon are all in a better position than Spotify in the long run.
For me, I started with an iMac to replace my aging windows computer. I then got an iPhone to replace my Nokia Symbian phone because I thought an iPhone would work best with a Mac (it did, but the benefits were overstated at the time). Then an iPad seemed like a logical choice given that it was easily the best tablet in the market then and I should use the same iPhone apps without having to buy them again. I would then get an Apple TV for airplay mirroring in my classroom (I am a teacher) because...what other choice was there? And when I wanted a light and portable laptop for work, the MacBook Air seemed the default choice by this point. And since I am still using an iPhone, the Apple Watch is really the only choice as far as smart watches go (came from a pebble watch). Am subscribed to iCloud and Apple Music as well.
And that’s just the way she goes.
Apple entered the streaming party 2 years too late. They should have been on the market with Apple Music in 2013, just as Spotify was starting to pick up steam. They waited too long for Spotify to cement itself as the owner of the market, and Apple has been playing catch up ever since. Spotify is now the kleenex of music, just like iTunes used to be. This is always the downfall of successful companies. They become too large to pivot quickly when a competitor comes out from a surprise angle.
I don't really understand how this can work though. After all, your personal Cloud library may contain music not available on Apple Music. Do those items just disappear from your playlist when shared with others, or are they displayed but inaccessible to anyone but yourself?
It would be really great if Apple Music would refresh their playlists periodically. Some of their playlists are terribly short. Summing up "Rock of 1985" in 30 songs is not very much of a selection. How about Rock of 1985 Vol 2?
