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Why Streaming Struggles

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JimH:
Tidal just lost their CFO and COO.

http://www.engadget.com/2016/03/01/tidal-fires-cfo-and-coo/

JimH:
Rhapsody is adding subscribers and increasing losses:

http://musically.com/2016/03/03/rhapsody-revenues-grew-in-2015-but-so-did-its-losses/

JimH:
Omnifone in receivership:
http://musically.com/2016/05/05/digital-music-firm-omnifone-placed-into-administration/

blgentry:
I heard Tidal had a major outage recently and just *barely* got through it without a lot of visibility.

https://www.youtube.com/watch?v=j7uBph38kXo






(Just a little humor)  :)

Brian.

KingSparta:
An Important Update on the Beatport Streaming Service
Thank you for using the Beatport Streaming service over the past year. This note is to inform you that on May 13, we will discontinue the Streaming music service and mobile apps. In addition to our web and mobile streaming apps no longer being accessible, embedded audio players will no longer be available, and user playlists will be removed from our database.
The Beatport Store will remain fully operational and functioning without interruption, where you will still have the ability to preview tracks and browse curated genres, find exclusive content, and access weekly updated DJ charts from our vast community.
Please read our Company Blog Post to learn more about this change.

We'd like to thank you for using our Streaming service, and regret any inconvenience this may cause.
-The Beatport Team

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