Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Vast Resources plc, the AIM-listed mining company, is pleased to announce an update on the recent situation at its Baita Plai Polymetallic Mine (‘Baita Plai’) in Romania.
Further to the announcement made on 22 September 2023 regarding the strike action, the Company is pleased to announce that the protest has ended and operations continue as normal at Baita Plai.
My concern is when they say "Please note your Napster PLC shares will shortly be removed from your account". Whilst they also follow to say "This does not effect your entitlement to any future payments", I'm worried that the removal of the shares from the account will mean there's no history of me owning the shares.
Does anyone else share my worry?
Hello all - it's been a while since I've posted on here. Just to update you, I've just had notification from Lloyds after raising the payments with them over the weekend... positively they have said:
"I have checked with our corporate events department and they have confirmed that the payment from Napster has arrived and will be hopefully be distributed to customers accounts today or tomorrow."
Here's hoping!
cheers
It'd be the label tracking / marketing teams that would set up Linkfire (which is what the Iron Maiden one is based on) - it's completely common practice in the music world to use LF. DSPs have nothing to do with the links at all... imagine with thousands of global releases every single week, the DSPs employed people to manually check - it would take our own NAPS headcount to 4x what it currently is just to ensure all releases are linked through, haha.
Re the Iron Maiden link... whilst I know everyone on here likes to go against NAPS and feel like everything is their fault, be mindful that Linkfire links are set up at the label's marketing end, not from the individual DSPs. So this would be a fault of EMI's tracking team, not Napster
Interesting read. Gen Z are more brand agnostic than previous generations (that can be seen through other categories too). I think that generation + emerging markets are the lowest hanging fruit here
https://www.investors.com/news/technology/spotify-stock-streaming-music-leader-losing-market-share/
[*inevitably, not invisibly]
Geordie - appreciate your stance, but adding my two-cents if I may.
Let’s forget about music streaming for a second and look at a completely different industry - say automotive.
Now, VW and Ford are market leaders. But does that mean other manufacturers just give up? Nope. There’s 20 or so key manufacturers - granted many are folded into groups but the focus for them are to move up one in the market share rankings. Invisibly they’d all like top spot, but sometimes that’s not possible in the short- to medium-term.
So the likes of Hyundai may want to shift more cars so they can move from 10th place ranking to 9th. That’s a huge revenue still.
So, back to steaming. It’s not all about being number one, it’s about having the right offering, the right messaging and at the right price point versus competition. To hopefully capture Tidal users and potentially steal some of Deezer too. That should be our short term aim.
And then we look at location. The biggest growth companies have focused on small locations first. Capturing them, and then moving onto the next.
It’s like Deliveroo. When they started out, they didn’t focus on the U.K., nor even the cities. They looked at small towns. And plastered those with advertising to get usage up. And then they slowly but surely expanded.
I can see this happening with us too. Maybe we won’t see any advertising in the U.K. - it could be so highly targeted that actually it’d focus on a core audience who are more open to switch, perhaps in countries where we don’t even think first.
And finally, remember that there’s still a huge amount of countries out there - I would guess around 30% of the world - who are still using non-smartphones and are still in 2G/3G areas. Slowly as smartphones become more penetrable in those markets and 4G starts kicking off in non-Western countries, there would be a huge opportunity to introduce streaming partners.
I’m not saying we’ll be number one; but I’m confident that with the backing that exists, and the talent at NAPS, that there will be growth there.
(Btw, I’m down a lot too, upsettingly, so I appreciate everyone’s frustrations).
To be honest, I'm not disappointed by this at all. I don't believe anyone could expect any company (bar the likes of Amazon) to have said "we had a brilliant 2020".
NAPS seem to have laid everything out for their future plans; I'm also fully aligned to their rollout for the app being later than planned too. The general market aren't waiting for it, it's only shareholders... so take the time that's needed to fully perfect as there's only one shot when it comes to big media campaigns.
If we follow the same trajectory as last year, then H1 report will be out around October, and that'll hopefully give us even more insight into a) overall NAPS performance for $rev, and also give us additional context on our partners and the Q4 launch.
I'm still holding, and I'm still excited by my investment. GLA
Well from what I understand, I don’t believe Driift were profitable on this (it was, like so much of Glastonbury’s heritage, charitably-focused). But I do appreciate there’s as many people supporting their responses as there are against.
One thing’s for sure though - last night’s trends were dominated by Eurovision and Live At Worthy Farm - with huge numbers of people watching away from any venue. A live gig, underpinned by stay-at-home opportunities, is now here to stay, and I’m more excited about these prospects than ever.
In fact, the more companies emerging in this space, the better. Competition breeds innovation, and will also further help more and more people to use these kinds of services
Albert, I disagree - it was an incredible production with brilliant performances. The sound was superb; the visuals - stunning. It was the streaming provider who let viewers down, not the quality of the content.
We’ve got to be happy we didn’t partner with Glastonbury for tonight’s stream. Driift are having a nightmare - the stream is down for everyone at home.
Like all on here, I’m pretty upset the sp’s taken such a hammering, but I still have so much optimism for both parts of the company - Melody AND Napster.
I’ve been saying this since the early days of my investment, but to me a big lever for gig streaming is for those who have accessibility difficulties due to venue setups. A good article from earlier today about how fans are not just hoping, but demanding for streaming to be a staple when gigs ‘return’
https://www.vice.com/en/article/5dbmgb/live-music-should-be-more-accessible-for-disabled-fans
GLA!
FYI the streaming partner is Driift I believe
The Singtel partnership has officially kicked off - they’ve dropped this news piece on their investor channel (presumably equivalent of RNS) all about Melody
https://www.singtel.com/about-Us/news-releases/singtel-unveils-next-generation-xo-plus-plans-with-5g-aces-ar-and-vr-content
Please can we avoid posting false news and old articles. Glastonbury won’t happen for MVR anyway:
1. It’s cancelled for 2021
2. They have a long-standing agreement with the BBC for the main 6 stages
3. They’re a charitable organisation and therefore do not do any partnerships with commercial organisations. Their connections with EE and The Guardian are on-site activations only
Just to add some more thoughts. Whilst we’re looking at the 1m paid subs, I personally think the stronghold here is of the 4m general users of the platform.
If we use Spotify’s Q3 ARPU of $5 as a benchmark - then we could be looking at $20m ad revenue over and above the revenue that the paid subs bring in.
Plus remember that’s looking at audio-only. When we take into account ticket sales, white-labelling our tech, and also advertiser sponsorship of virtual events, then this is like a golden goose ready to lay its eggs. And this is also not even including programmatic advertising which I can only assume they’re working on too. I’m a LTH, and each year I get more and more excited by this brand.
I get many are shaky, but Melody are making some fab moves - it takes time to build this up. Once the new app comes later next year (which in itself is likely to be built from the ground up - let’s not rush them as UX is so key for the tech generation) then I can totally see it flying further than I already expect it to do over the coming months. GLA
Blossoms were on Sunday Brunch earlier and they mentioned their Brixton VR gig, affirming what we all know that once gigs are ‘back to normal’, streaming will also likely form a part of it to those who can’t attend
The link that JSP123 posted and then click on ‘Latest’ on the top nav bar
This is absolutely brilliant. The sound, the crisp audio, the production. All faultless. And the Twitter latest stream is updating by the second - I’ve never seen this kind of Twitter engagement. I’m VERY happy right now