More > Music, Movies, Politics, and Other Cheap Thrills

Why Streaming Struggles

<< < (8/24) > >>

JimH:
SoundCloud lays off 40% of staff.  Losses in the 10's of millions of dollars each year.  Average revenue per customer of $0.11.

https://arstechnica.com/business/2017/07/soundcloud-cuts-nearly-half-of-its-staff-in-order-to-stay-afloat/

DarkPenguin:
Ringer article on soundcloud ...

https://theringer.com/soundcloud-layoffs-streaming-music-experience-338c23400a26

imugli:
Pandora to shut up shop in AU / NZ -

http://www.news.com.au/entertainment/music/pandora-music-shuts-down-its-australian-and-new-zealand-headquarters/news-story/698d1f50970da5b0d1df4055cd628d6b

jmone:
Netflix now owes US$20 Billion and does not expect to turn a profit for years yet.

http://www.news.com.au/technology/online/streaming-giant-netflix-is-bleeding-money-at-a-shocking-rate-with-debts-of-more-than-25-billion/news-story/d7001732c2c5cea197252d58ed492f25

astromo:

--- Quote from: jmone on July 31, 2017, 03:00:18 am ---Netflix now owes US$20 Billion and does not expect to turn a profit for years yet.

http://www.news.com.au/technology/online/streaming-giant-netflix-is-bleeding-money-at-a-shocking-rate-with-debts-of-more-than-25-billion/news-story/d7001732c2c5cea197252d58ed492f25

--- End quote ---

So much of the market rides on sentiment and if the lemmings start to run for the cliff, watch out. I still haven't signed up to streaming content. Broadband hasn't hit my street yet and when it does, it may not deliver enough up/download anyway. Probably not such a bad thing to be outside the impact zone.

Navigation

[0] Message Index

[#] Next page

[*] Previous page