"In reality, Spotify was subject to the outsized influence of the major-label oligopoly of Sony, Universal, and Warner, which together owned a 17 percent stake in the company when it launched. The companies, which controlled roughly 70 percent of the market for recorded music, held considerable negotiating power from the start. For these major labels, the rise of Spotify would soon pay off. By the mid-2010s, streaming had cemented itself as the most important source of revenue for the majors, which were raking in cash from Spotify鈥檚 millions of paying subscribers after more than a decade of declining revenue. But while Ek鈥檚 company was paying labels and publishers a lot of money鈥攕ome 70 percent of its revenue鈥攊t had yet to turn a profit itself, something shareholders would soon demand. In theory, Spotify had any number of options: raising subscription rates, cutting costs by downsizing operations, or finding ways to attract new subscribers."
We're in that lost week between Christmas and New Year's - a wonderful time of, hopefully, doing as little as possible. I'm going to post a little Friday Videos rundown (admittedly, it is Thursday) and then figure out what's next for this site. A redesign is overdue. I digress! Enjoy and unwind.
Talk soon. Thanks for reading as always.
If you're a regular listener of the Blank Check podcast, you are also familiar with producer Ben Hosley. While his role in that show is appreciated, I am quite intrigued by his artistic side projects. One of which is called Slow Xmas.
Warning: "Everything that happens on this channel is fiction. But what is the truth? F*ck it, just listen!"It's a shame there's no further detail on how the record was made because it's actually quite an enjoyable listen. There's even a follow-up record and other releases from the label. The channel is actually rife with music. I'd be very interested to learn how all these were made and what human decisions were involved with the creation. I am positive it's not 100% a computer running the show.
Will there be more episodes of the TV show?While this is likely the end of the road for the series, you simply never know. Maybe someone with a deep well of funds will decide the world needs more of Duck, Red Guy and Yellow Guy.
There are currently no plans to make a second series of the TV show. However, we are not ruling out the possibility of more self-funded DHMIS content in the future.