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Topic History of: A rising tide will lift all boats Max. showing the last 5 posts - (Last post first)
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Message
dixie
The Apple Music launch is raising a few issues. One being if all streaming is free on Apple between June 30th and September 30th, then what is going to shop everybody cancelling their other service subscriptions, (Spotify, Deezer etc.), use Apple until 30th September, and then choose a service of their choice after the 3 months is up. That would mean a serious reduction in revenue for record companies. (As I understand Apple will NOT be paying record companies during those 3 months, as whatever % of revenue - i.e. nothing is nothing!).
So why would a record company release something that has a potential short shelf-life during the next 3 months?
JK2006
And sadly I suspect the "rising tide" may drown us all. No doubt the tsunami floated a few boats but that's not all tsunamis do.
JK2006
Thank you Dixie. Yes that was my "subtle" hint! Such a shame. A crucial element of enthusiasm for the industry (and not just the music) was forcibly removed and has never really returned (though Alex Day would deny that).
dixie
Yes. Interesting point made by Doug Morris that the value of the business has halved. It will be interesting to see if streaming, and Apple Music in particular, can return the industry back to its former glory. What I’ve read of Apple’s launch it sounds very positive. The “free to 30th September” is a very attractive proposal. Also, with no Free tier going forward it will put pressure on Spotify and others to alter their offer or risk losing content from the majors - or Universal Music specifically. With regard to the collapse of the industry in 2001. A tiny part was down to the internet, but most of it was down to somebody being forced to take their foot off the gas and eye of the ball whilst they went on a three and a half year extended “holiday” !!!
JK2006
Midem was sadly dying. Old people hobbling along the Croisette, fading in the heat. Contrast with the Film Festival quite frightening. You can see why the "good" news - quantity of music "sold" gone up - suffocated the bad news - value halved. Halved. Since the peak in 2001. Now what else happened in 2001?