George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
You may have seen this before
https://medium.com/an-idea/napsters-next-act-88fb67b451aa
With respect Glastonbury and the rumours of bankruptcy
I find this hard to believe as their overhead whilst huge, is absolurely free
https://blog.napster.com/2021/01/06/its-official-napster-and-melodyvr-tie-the-knot/
Interestingly this official company blog ponders how they (Napster) will fit into MelodyVR's wider strategy
Digital Music News has tried to establish how much various music services pay for streaming. According to its analysis, Napster pays the highest rate at $0.019 per stream, followed by Jay-Z’s Tidal at $0.0125 and Apple at $0.00735 per stream. YouTube pays the lowest rate of only $0.00069 per stream. Spotify is now, it seems, somewhere in the middle ground, paying about $0.00437 per stream.
That isn’t a lot of money for most of the artists with music on Spotify, because 10,000 plays only pays $43.70. However, a song that gets 10m streams will earn $43,700, and big hits can earn a lot. Ed Sheeran’s Shape of You has been streamed more than 2bn times, which would be worth $8.74m at current rates. Three other Sheeran songs have been streamed more than a billion times
lofas - I think the question of what the workforce focussing on ? is the most important one
With 200 people that a huge amount of manhours every week.
For me, Napster management have delivered some significant deals this year in terms of business growth
What will they think when they look at the lot from MVR whose achievements are more in the areas of technical capabilty than business growth
Will the be a totally unimpressed American ...... Yeah, that's great, but what have you done with it ?
Or will it be the enthusiastic American ...... OK give it to us and we will sell it (because you can't)
Sorry to be a pain, but I don't understand this board anymore
Melody Group now owns a business which has an annual revenue of $100M
The company has an ex-Spotify marketing exec that understands the market and can, without doubt put a nought, if not two, on the end of that $100M
But nobody talks about that and what Napster is doing, might do, should do
No, everyone seems to be consumed about theatre shows that aren't being done, VR technology being delivered by a competitors with more money than the GDP of most countries.
I suggest to you that Napster has been "given" to Matchet and Han**** to build a platform to serve the interests of the record companies, that will include live streaming music, whether this will be VR and save their VR dream is another matter
Pudd - Something positive for you, I hear that AM has been booked on the Games Workshop school of upbeat RNS writing
Short read on just how many companies are making money via Facebook's Quest headset
https://uploadvr.com/editorial-oculus-quest-2-devs
Instagram views of Liam Gallagher on the Thames on Liam's feed just over 370,000
For Kiss and their Dubai pay per view gig they at just under 80,000 for the best of the, obviously free, clips on their feed
LG looking good
Numbers to remember for the start of 2021
1 million subscribers
$100 million revenue
Without commenting on how it was achieved, who here predicted that we would start 2021 with those numbers
If we take just 1% of Spotify's users, then these numbers will double
Is that shooting low, or high ?
Christmas day has come and the evidence suggests that Quest 2 was a hot gift item this year. While it may have inspired screams of joy, it turns out that kids under 13 years old aren’t actually allowed to use the headset according to Facebook. That leaves parents in the awkward position of either handing over their own Facebook account credentials or being stuck with an unusable headset.
If you’re a parent who picked up Quest 2 for a child under 13 years old, you may have hoped to be this year’s holiday hero, but unfortunately once the box is opened and the headset turned on, Facebook will foil those plans. That’s because of the recent requirement that Quest 2 and other Oculus headsets be connected to a valid Facebook account and the company doesn’t allow Facebook accounts to be made by children under 13 years old.
So, no VR for under 13's ?
From
https://www.roadtovr.com/oculus-quest-2-facebook-account-required-age-13-years-old/amp/?__twitter_impression=true
Napster revenues are not really a guess as there is a considerable track record
Just Google "napster revenues" it comes up - right there in front of you
The track record says;
When they are doing well - $35M per quarter ($140M per annum = £100M)
When things are a bit off - $25M to $30M per quarter ($100M to £120M per annum = £80M to £90M )
With Napster a strong dollar / weak pound is our friend.
Just an opinion
For whatever reason they have shown a tendency to go for deals with telephone companies over the last few years.
I say, if you are going after some of Spotify's market share, is there really a better way than to start with a free music account on a phone - it would be a difficult argument to make that they will not roll Napster into these deals in time.
Just think, Spotify could lose a few percent of its subscriber numbers to MVR/Napster without noticing and MVR/Napster would double its subscriber count.
I don't for one minute think that Spotify have not noticed what is going on here, it is how they respond, or not, that will make the difference
2p by close ?
Some perspectives on the LG pirate stream
1. MVR and Warner Music have enabled the pirate stream as a marketing ploy, but no branding on the video at all, so meh
2. MVR and Warner Music don't want this on line and are being lazy in getting a takedown notice with YouTube, unlikely, they must be all over this
3. YouTube are being awkward in complying with a take down notice - this is quiote common where YouTube are not earning from a video, you do some Google searches to reveal the truth about your not so friendly YouTube.
My money is on No. 3 - What MVR are doing is in part in competition with YouTube, so why would they help ?
Schools not scools
For those interested in streaming theatre I suggest Scrooge at the Old Vic
www.oldvictheatre.com
As part of their marketing effort they are streaming free to over 2500 institutions such as care homes and scools
SNewby - The BoD have worked very hard to take all the fun out owning a tech share like this.
Going into the new year MVR are going to be a company with a revenue stream of c. £100M instead of £100,000
That's a good thing.
Given that MVR/Napster are small player, I simply ask, how hard can it be for Nikki Lambert and a re-energised Napster team to double up the revenues ?