Music Streaming Services
topic on 1 show · 3 statements across 1 episodes
3 statements about Music Streaming Services, every show
Iovine: Music streaming services risk obsolescence by restricting artist communication
“So the streaming services, to me, are minutes away from being obsolete because of that. You can't rub against the artist like that. You just can't. You gotta give them what they want. They're driving this ship.”
Iovine: Streaming revenue is only meaningful for top-tier streamed artists
“What you're hearing about is that the artists are like, they used to be able to earn a living like that. But now, unless you're in that top chunk Of heavy, heavy, heavy, heavy streaming, the money's not really meaningful.”
Iovine: Music streaming economics broke by copying Apple's 70/30 download split
“If you look at those deals are reflective of the iTunes download market, 70, 30. That was the same business as the download market. So they just copied that, which is not a great bit model for that. Why? Because you have Not enough money in the streaming servi…”