So, I still buy albums (mostly from prestomusic, in case someone wants to know).
> the sector is only surviving thanks to public and private subsidies.
That could never change. Streaming will make it worse, though.
So, I still buy albums (mostly from prestomusic, in case someone wants to know).
> the sector is only surviving thanks to public and private subsidies.
That could never change. Streaming will make it worse, though.
Trying to revert that situtation was my bet.
The 20th century was a golden age for recorded music. Maybe there is no coming back but I don't think (or I didn't think then) that streaming services are in a very strong position in the long run: consumers like them because the current deal is that you pay a single subscription and you have access to basically all the music (a very nice proposition indeed). But the streaming services own no content, the day the content owners find a more lucrative way to sell music they will move part of their catalog out of the streaming services and at the same time, make the product less and less attractive. At least, that was the theory.
Now, I think Spotify in particular, has built a strong moat due to their ubiquity (all devices support Spotify). It's getting late for pop music. For Classical, I don't know but 6 years ago, I was convinced there was still a strong possibility to save the old model since it was still making money on the traditional channels.
> Streaming will make it worse, though.
It has been the case for a while now.
Paul Baxter from Delphian Records said it best years ago:
"There's no way that a record company could operate on the fees from streaming alone. It's absolutely impossible. There are too many zeros in front of the amount-per-stream figure."
The advantage of a single streaming service with all the songs is also much greater than one with all the shows or movies. Nobody puts Netflix on "shuffle" or lets it play random episodes based on what they've watched in the past, but those are some of Spotify's biggest features. Its user shareable playlists also increase lock-in, along with other network effects. It's such a huge advantage to be able to play anything (or almost anything), I don't see how a service with a limited selection could compete.
I don't see any way for the labels to get out of the streaming age beyond serious anticompetitive collusion, and even then people would go back to piracy. Frankly, it couldn't happen to a nicer group of folks.
But I don't think that the moat could never be broken. You have many people that consume music as background noises. But you also have many people that are passionate about the music they listen to and would like to have another way to support their artist of choices other than going to concerts (see vinyl revival etc).
My recipe to break the moat:
- choose a genre some people care strongly about (for me, that was classical)
- make a platform that offer a better UX for that genre, and have them pay for their music (those consumer are happy because better UX and they feel they actually support the artist they like)
- progressively signup labels by showing there is more money on your platform than on streaming services, they will progressively remove more and more of their catalog from streaming services if they were on them.
- once the model is proven on that genre, move to another (jazz, serious pop etc)
- as time goes by, the value of your service increase and while the value of the streaming services is lowered due to their catalog shrinking.
While this might be a fantasy, the truth is that today system continue to reward popular artists only, niche genre artists can't make a living from streaming. If a solution arises for them, they will come progressively, and over time it will weaken the streaming service moat.
Why would consumers not just pay for physical media like CDs/Vinyl/etc. if they prefer owning things?
I could definitely see streaming wars in music happening like they are in video, although so far the music labels are content to watch the video labels hurt each other. But consider: Spotify's payouts are infamously low, lower than Google's or Apple's and I can imagine some labels deciding they can do better by providing their own streaming app. Since it's only a few labels, each will believe they have enough of a library to draw subscribers, and away we'll go.
But still: aside from the margins and market share concerns, what delivers a steadier income than streaming?
Streaming doesn't mean they can't experiment with additional revenue streams, including physical media sales and licensing opportunities, but it's hard to imagine something displacing streaming as a concept to the degree which streaming has displaced physical media sales.
I personally, want a lossless version that I can archive, have on my offline portable music player, stream to my phone, and stream through jellyfin to my stereo.
That fits better to the style of music I listen to, and how _I_ listen to music (I don't shuffle and listen to full albums only)
The idea was to create a true streaming service in term of UX. All the same features as you are used to, except you start with the empty catalog and you purchase individual albums and you get the streaming service for free forever (no subscription). The service operating cost being funded by newer purchase. That's why I'm talking about Steam as the model, it's how they operate: you have access to your library forever even if you only pay for games once. (And mostly, you never play much to most of your purchases).
The steady income of subscription service is nice for the streaming platform but it's not nice for the classical music artists: they receive nothing.
> Nobody puts Netflix on "shuffle" or lets it play random episodes based on what they've watched in the past
Not convinced. People used to watch TV the way they listened to the radio - turn it on to whatever's on and mostly ignore it. It's not the current dynamic but I don't think that's an immutable law of nature.
With AI generated music on the horizon I think we have definitely peaked.
I buy my classical music from Presto Music, too. The purchase process is easy, and maybe the performers get a bit more than from streaming.
I suspect that purchasing music files to own will seem increasingly strange and inconvenient to younger people, though.
It'll be interesting to see what happens.
As a fan of blues, I've noticed that there are a lot of grey songs in my Spotify playlists. There's just no practical way to be able to listen to the music I want to hear besides owning it (Youtube is hit-or-miss as well).
For people who want to listen to pop, they're probably fine. But anything that's even a little niche is trouble. Or that's my experience, anyhow.
O what happened to the idea of the “long tail”, eh?
I guess the truth was that it didn’t scale.
IMO, that's not a great point. The music is already made - that's the hard part. It just needs to be licensed.
Maybe there are other channels that are more profitable than streaming, but I'm guessing that a lot of older/niche music is just locked away for no good reason.
At a certain point, I have to imagine that most artists would prefer their music be listened to if they aren't going to make money either way.
In no particular order:
* Will Wilde
* Sugarray Rayford
* Smokehouse
* Etta James
* Gordon Webster
* The Blue Vipers of Brooklyn
* Tin Pan
* Asylum Street Spankers
* Hugh Laurie
* Legendary Rhythm and Blues Revue
* Preservation Hall Jazz Band
* The Marsalis Family
* Katie Webster
* John Lee Hooker
* Keb Mo
* Son House
* Joe Bonamassa
* ZZ Ward
* Kevin Selfe
* Allen Toussaint
* Clarence "Gatemouth" Brown
* Bill Withers
* Nina Simone
* Buddy Guy
* Lightning Hopkins
* Howlin' Wolf
* Brother Yusef
There's probably a whole lot more - these are just the ones that I can think of off the top of my head. You probably know a lot of them, but I didn't want to guess which ones you know, so I just wrote out a bunch of people I like.
https://www.youtube.com/user/KuhlauDilfeng2/videos https://www.youtube.com/user/robt0007/videos https://www.youtube.com/channel/UC9g5M2trqPDiGn5fC_dl63g/pla... https://www.youtube.com/user/hrSinfonieorchester https://www.youtube.com/channel/UCwbbr8FKVrWLF8T81RI7Lxg/vid... https://www.youtube.com/channel/UCPfJe8fU94SE8CjtKOf-zxQ https://www.youtube.com/user/ElbphilharmonieHH https://www.youtube.com/c/AVROTROSKlassiek
A bunch of names (with the letter A): Eugen d'Albert, Franco Alfano, Flor Alpaerts, Volkmar Andreae, Malcolm Arnold, Kurt Atterberg, Georges Auric.