Music streaming service

Amazon newdayy
Apr 15 21 Comments

Ideas for a new music streaming service?

Objective is to solve the pain points of the top music streaming providers like Spotify, Pandora, Apple, Amazon, Google while keeping the business model profitable.

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TOP 21 Comments
  • Salesforce wcs
    Is this a joke
    Apr 153
    • Amazon newdayy
      OP
      Why do you feel so?
      Apr 15
    • Amazon ps.ily
      There is no such thing as a profitable music streaming service. Once you start making too much money the record labels increase their share of the cut
      Apr 15
    • New o∆o
      The only pain point is how the music business/industry works in general. It's not related to music services. No one needs another one.
      Apr 15
  • Amazon newdayy
    OP
    What are the running cost factors of the service once it is developed?
    Apr 152
    • New o∆o
      - Royalties
      - Marketing
      - Infrastructure
      - Wages

      Basically, just find Spotify financial reports for previous years, it's public information, and it's all there.

      PS Don't you think it might be worth learning how the music industry works for you first? It might have given you a better picture what or if anything needs to be fixed there.
      Apr 15
    • New o∆o
      https://investors.spotify.com/financials/default.aspx

      2018 - annual report

      Or any quarter report for any year. Those will give you all the cost info you need.
      Apr 15
  • Amazon newdayy
    OP
    By pain points I meant for consumers, not for business.
    E.g. higher subscription fees, lot of advertisements in free version.
    Apr 152
    • Pandora !401k
      So you’re going to close the service soon after launch then
      Apr 15
    • New o∆o
      How are you going to make money then? Pay royalties, wages to your employees, infrastructure, etc.? Out of your pocket?

      Is it Jeff Bezos himself who just joined our Blind community? :)
      Apr 15
  • New o∆o
    Listeners get music they want. Artists get paid. Record labels get their cut. Music services trade on public markets.

    Everyone complains that they either have to pay too much, or make too small. But that's people, they will always do.

    Which pain points are you taking about? What is the actual problem you want to solve?
    Apr 152
    • Amazon newdayy
      OP
      Would like to keep it a win-win situation.
      More features in free version, while making the money at the same time
      Apr 15
    • New o∆o
      If you run a music service, no one will use it if you don't provide popular content (popular songs / artists). But that content that most people want is under WMG / UMG / Sony management. To get it, you need to pay tens if not even hundreds of million dollars in advance (not to mention having good connections in that business just to start a conversation with them), and then pay a lot of royalties. The business model doesn't work for everyone in that space. But it works fine for the major record labels. So it's all good.
      Apr 15
  • Pandora Jack15
    Walk.. No run as fast as you can from that idea and thank me later.
    Apr 151
    • Pandora !401k
      Well said mate !!!
      Apr 15
  • Hubspot fK4C02
    I’m a constant listener of music all of my waking hours. TV, any other media, meh, I’ve not run into any pain point not solved by one of the ones you list. If anything, new streaming services are making me eye roll. Amazon for example and their latest announcement *eyeroll*
    Apr 150
  • Pandora !401k
    What pain points are you talking about ? And how are you planning to solve it ?
    Apr 150
  • Google praise
    Bigger problem and a costly one is licensing content from labels. That is the hard part.
    Apr 150
  • Social / discovery
    Apr 150
  • Yahoo / ProductVOui62
    Now . Now. Let's make you a CEO
    Apr 150
  • Adobe uhrC86
    More fragmentation is exactly what we need.
    Apr 150

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