Apple Music barely three months old has been
winning in what is now being called the streaming wars. There are the big
three as far as it goes with the record labels Warner Music Group, Sony Music
Entertainment, and Universal Music Group. Then there are the big three within
the streaming industry Spotify, Pandora, and now Apple Music. Artists should
know of the many they have regarding submitting their creations to the
streaming companies as well as the potential new startups that can change the
game.
Apple Music is a
dual service meaning they have interactive and non-interactive services.
Meaning, their non-interactive is their radio counterpart Beats 1, where the
listeners cannot skip or demand music freely. Their other part of service is
their interactive side where you can exactly listen to whatever you like. There
are many companies sprucing up their features to attract artists but how can a
new startup get involved in the wild , wild, west.
My research in
discovering alternative routes in creating a new streaming service that can
help all artists and creators alike resulted in the need of improving the business model. That is the only
thing that makes sense. Think
bout it, all the streaming services do and feature just about the same services.
The only ting that is unique is their business models and interfaces. Besides
that there is nothing else. Also what needs to be taken into effect is that you
can only do as much as the labels allow you to do. Right now what is needed is
a business model that makes sense for both parties the service and the content
providers. New startups should first review the current business models and
then disrupt it. Currently I have a few ideas on my own to do this. Once you
have your own formula , one must build upon “working application models”. From
there you can become creative only as long as you have the labels backing you
that this can work. There needs to be a support system on both ends. That is how new streaming startups can survive in this
frontier.
(via app.com)
(via app.com)
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