Member Info for londondan

"if a company whose main product is virtual entertainment can't make money when the whole world is shut up in their houses you need to ask are they ever going to make money?"

Yes, this is the company's biggest failing. Letting this opportunity completely pass them by is unforgivable and yet, here we are. The dopes here saying 'people will be allowed back in to concerts soon, so then we'll be flying' have, predictably, completely missed the point.

I wouldn't worry about it. There are a small handful of people on here who are deep underwater in this share. You won't ever see them criticising the company for anything, because they're in way too deep to be objective. Just ignore them, like everyone else does.

Unless you look at the U.S. website of course, which still shows a completely different BoD under the 'Rhapsody' name - https://us.napster.com/about

This is a real dog's dinner. Exactly the sort of amateurish, half-arsed shambles we've come to expect from this company.

"luckily he didn't get burnt"

Unlike his shareholders! I'm generally in a pretty good mood as the rest of my portfolio has been flying today, especially with U.S. stocks bouncing back from last week's slump. It's unspeakably frustrating that this company still can't get its act together however.

Honestly, what a shambles.

"and why are they incapable of doing anything well?"

I don't know if that's fair. They do 'rank amateurishness and continually blowing significant opportunities' better than pretty much any other company I've ever been invested in.

Yes, I think we were all hoping for a bit more of a grand entrance tbh.

That Mushroom Man guy does a far better job on comms than the actual company does. They should offer him a job.

Lol. Well it's certainly a badge of something, I'll give you that.

Good to see you back Albert. I trust the time on the naughty step will have had the desired effect.

Well then, the RNS is out. Napster here we come.

Yes, KoK is spot on here. The 360 technology works fine on mobile. Obviously it isn't nearly as immersive as watching via a high resolution VR headset, but it does work as intended.

Lol, I see my previous advice has been ignored already. Glug glug. No wonder my Diageo shares have been flying lately.

I don't expect you to understand anything, given that you appear to have the IQ of a postage stamp. Everyone else here seems to manage just fine.

Enjoy your evening. Try not to overindulge again; you've already had your fill of humiliating late night rants for one week.

Only two and a half billion shares? That's about two weeks' worth of TBB top ups.

Excellent post. Unfortunately there is little-to-no chance of getting rid of the CEO here now. How anyone could look at his experience/performance to date and claim that he's the best man to run a global music streaming business is anyone's guess.

Still, good to see a little rise today. Hopefully it'll keep going as we approach the name change next week, as I'm keen to sell in to the froth.

Welcome Harish. I see you've met our two self-appointed board policemen; Laurel & Hardy, Pinky & Perky (or Dumb & Dumber, if you prefer).

You'll soon familiarise yourself with the board lingo. 'Troll' is thrown around with abandon to denote a contributor who is capable of independent thought. You'll come to use words like 'dilution' a lot and be sure to claim you've 'topped up' at least three or four times a week. You'll fit right in. Bonne chance!

There are so many shares because this company has taken the 'homeopathic' approach to dilution.

I won’t lie rikki, I’d be first in line to buy a Blind Faith reunion stream so maybe it’s just wishful thinking!

Not the best week here tbh, but let’s hope the latest fundraise brings us some better news in the weeks to come. Enjoy your weekends all.

"but he has my full support"

Yes, we gathered that. I'd be trying to get a Clapton/Winwood reunion going if I were the CEO here, given his investors' apparent love for Blind Faith...

https://www.musicbusinessworldwide.com/ticketmaster-launches-global-ticketmaster-livestream-service/

Tried posting this already, so apologies in advance if it double posts. This passage is notable...

"Most recently, the platform sold over 125,000 tickets to a virtual performance in the UK by Niall Horan, with fans in more than 150 countries tuning in. The event was streamed by live-stream firm Driift."

So no, not 'powered by Napster' I'm afraid.