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Why Streaming Struggles
imugli:
Less competition reduces pricing pressure, allowing the remaining players to raise prices / increase ads etc to increase revenue, without people having the option to shop around.
JimH:
Possible, but it hasn't happened yet. New companies pop up.
DJLegba:
Article says Spotify is valued at $8.5 billion. How does that compare with JRiver?
JimH:
It's more.
JimH:
Soundcloud's annual loss exceeds annual sales. Loses $52 million on $22 million in sales.
http://www.musicbusinessworldwide.com/soundcloud-may-run-out-of-cash-this-year-as-it-posts-e51m-loss/
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