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I’m sure plenty of reviewers will buy this hook line and sinker.
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Grateful Dead - the Most Overrated Band Ever?
Rt66indierock replied to sphinxsix's topic in General Forum
The Grateful Dead’s wall of sound rarely worked properly, was only used for a short time, took too many roadies to set up and take down, and was too heavy to transport. -
Grateful Dead - the Most Overrated Band Ever?
Rt66indierock replied to sphinxsix's topic in General Forum
I think you are on to something. Maybe the vast majority of the people who record music can only operate the equipment. And we are expecting too much from them. -
Article: Buy More Music, Enjoy Music More
Rt66indierock replied to The Computer Audiophile's topic in Article Comments
Sounds like fun please keep reporting on this. -
Yep, met one audiophile doing my regular and professional activities. He was at a specialty golf shop. In eleven years living in the Valley of the Sun.
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Thes best part of this mess was hearing about the 12 foot python living in a guys roof in Australia on an other site.
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You are correct, I believe an MQA streaming service shouldn’t exist. HDTracks already tried and failed to launch one. Deezer licensed MQA and never implemented it. Xiami implemented MQA and went out of business. Now on July 24th MQA will be gone from Tidal. On July 25th MQA will be Paradise Radio, some stuff on Nugs.net, a few CDs and stuff on a few download sites. Hardly worth keeping the format around for. Sorry format junkies.
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We disagree, you want choice and I want to deny choice to everyone who promoted MQA from John Atkinson and Robert Harley on down to Lee Scoggins, Peter Veth and some confused folks on the Steve Hoffman forum. Signing off and heading to Old Crow Medicine Show.
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Sorry but Mp3 and AAC256 are just fine for more than 98% of streaming music subscribers. Don’t need it at parties, on the golf course or as background doing household activities, waiting in doctors’ offices, doing physical therapy or working out.
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The difference is the cost structure. My profession’s entry costs are low and the cost structure to operate a CPA firm is low. My net income is 59% of revenue. Factor in a shortage of CPAs that is nearing crisis levels and it’s not the same. Streaming music has a high cost of entry, and royalties are 65 to 70% of revenue (from Tidal financial statements) leaving 30 to 35% for all other costs. Not a viable business model at $200 to 220 million in revenue as Jay-Z found out. The question for you is Qobuz and its subscriber numbers rumored to be just short of 250,000. Could HD Tracks even reach those low subscriber numbers?
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Right now, the top six music streaming services have about 86% of the market. This is projected to continue to grow squeezing out the market for the remaining services. Remember the discussion at the beginning of this thread about my definition of vaporware as 0.25%? Tidal’s market share is closing in on that number. Their latest revenue numbers are not showing significant growth. Do we need another streaming service with maybe a few hundred thousand users? I would argue we don’t. HD Tracks failed to launch once and now we should embrace them? Choice is not a good enough reason. Unless they have a solution to the royalties they would owe every time someone streams a song they don’t have a viable business model.