Member Info for maxdba

I can't work it out, well I can but I am not sure I like the answer

How far does the company expect to get before needing more money ?

You cannot trust the buy/sell categorisation by platforms such as LSE, ADVFN etc
Everyone will have experienced their 'buy' or 'sell' being categorised incorrectly
You have take it all with a pinch of salt

Some might even have experienced a trade being made outside the bid/offer spread at the time, being categorised the 'wrong' way

Perhaps the penny is starting to drop that the company now owns an asset with a proven revenue stream of $100M p.a. which with only a modest increase in its market share, will multiply its earnings

For interested in the VR angle

Apple VR headset to launch in Q1 of 2022 with built in LiDar

https://www.macrumors.com/2021/02/03/apple-vr-headset-may-launch-in-q1-2022/amp/?__twitter_impression=true

Oculus does make money

https://twitter.com/oculus/status/1356666386823606273?s=09

I do wish that they would do the simple things in life

Bottom of the page
https://gb.napster.com/

It took SteamVR 40 months to get to 1 million connected headsets, then a further 7 months to get to 2 million

https://www.roadtovr.com/steam-survey-vr-monthly-active-user-2-million-milestone/amp/?__twitter_impression=true

lofas - you shouldn't believe what you read on the internet

GeordieShore - As a long time holder/poster/crying in my beer'r (if I could get one) let me comment

No progress - not fair MVR group has progressed from a small niche player pushing VR to owning Napster
No effective marketing - very fair comment, the strategy is a real example of "if you build it, they will come"
No concerts - Should be an opportunity for a live streaming company, but somehow it isn't - confounding
No Napster subscriber numbers - Not sure we will ever get them, Apple doesn't give numbers, everything is an estimate
No regular updates - Napster, unlike the old Melody, do have an active Twitter page with regular posts
No ability to make money when most people are stuck at home - Plonk, is that the sound of a ball being dropped, oh they are playing the long game etc etc yeah yeah heard it all before

https://investors.sonos.com/news-and-events/investor-news/latest-news/2020/Sonos-Brings-High-Definition-Sound-to-Streaming-Radio-at-Home-with-Sonos-Radio-HD/default.aspx

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