RE: Sony launches 360 degree audio service accompanied by... live-streamed concert video15 Jan 2021 18:24
Mooney just to address what you say about us being buggered if the record labels get bored of waiting for us to take off... I dont think it's any coincidence that Napster, who as I'm sure you have seen give by far and away the most revenue per stream to artists out of all the top streaming services, were bought out by Melody VR as opposed to all the other giants bidding against us - Huawei etc etc. Do I think matchett and han**** had the persuasive powers in themselves to get that deal across the line? No I dont. But with the main 3 music labels on their side they will have been very influential in getting that deal over the line. The music labels are desperate to break away from the Spotify etc stranglehold on streaming where their artists are getting royally shafted and it is clear to me that this push for MVR to take over the highest rewarding streaming service has come from the very top. So I wouldnt worry too much about them now losing patience the labels are not daft and know this is a long game and the Napster market share will not erode the other giants over night... but piece by incremental piece we will see Napster rise up and start to provide an alternative platform that services both listener and artist in the best way possible. None of this is a coincidence the masterplan us just slowly starting to unfurl. All imo of course.