9 votes

How the Music Industry Messed Up Legal Streaming the First Time Around

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  1. Flashynuff
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    An excellent read. I wasn't around for the early days of streaming music and it's no surprise to me that the labels offerings sucked. I wholeheartedly agree with the article's end statement. You...

    An excellent read. I wasn't around for the early days of streaming music and it's no surprise to me that the labels offerings sucked.

    I wholeheartedly agree with the article's end statement. You can't build a good consumer offering if you design the offering like you hate the consumer, and I'm glad the labels got over themselves.

    A thought, though. If today's streaming music scene is, as the article says, "the right path": why aren't any of the streaming services making a profit? It seems to me like a monetization model propped up by venture capital is doomed to collapse eventually. When that happens, what's going to take its place? Might we see Bandcamp, with its pay-what-you-want direct-to-artist model, take up the reigns? Or will we enter another anything-goes battle royal? If accompanied by a similar giant tech jump like the internet, this seems like the most likely scenario..

    2 votes