Albeit
Streaming is the future, a Fact recognized by most broadcast media and hence
the reason why CBS (Canadian Broadcasting Service)
decided to launch US$5.99 per month CBS
All Access and then ad-supported CBSN
recently as reported in my blog article
entitled “CBSN
Streaming News Portal Internationals - First Digital Streaming News Channel
sponsored by Advertisers on your Browser”, it's clear that this a la carte model doesn’t make as much
money as some would want.
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Taylor Swift and her management basically
pulled out of Spotify because they
weren’t getting any money from Streaming of her Music as opposed to the sale of
Physical and Digital Singles and Albums as explained in “Taylor
Swift Explains Why She Left Spotify”, published NOV. 13, 2014, 12:16 PM by
PAMELA ENGEL, Business Insider.
Ok
folks, queue the Taylor Swift song Blank
Space from her Album 1989, as that’s basically what Taylor Swift’s seeing on her royalty check,
as the symbolism in the song suggest, the man actually symbolizing the Music
Industry and her feminist views on her misogynistic relationship with the same.
So
does this mean that the Streaming Model is just another fad? On the contrary
not; it’s really about how the company monetizes its Stream and who’s paying.
After
all, Taylor Swift spoke the incantation
and called my name in her video. So here’s my 2 cents!
Taylor Swift and
Spotify – Spotify’s giving away free Music to 37.5 million users worldwide
As
far as the Music and Movie Industry are concerned, Streaming is a godsend!
It’s
set to make them some US$1 billion this year even as the sale of Physical Media
i.e. CD’s and DVD and downloading are falling off the cliff as noted in my blog article
entitled “RIAA
Stats on Music Streaming – Why 4G LTE and Cheaper Cloud Storage means downloads
extinct”.
However,
this may not trickle down to the Artist, which is why Taylor Swift and her management are
obviously upset. Apparently they took a gander at Spotify’s Information Section….after
reading my blog article above, of course, and got real pissed!
According
to Spotify’s Information
Section, which Taylor Swift's
management may have perused, Spotify is
loaded. They’ve got over 20 million songs from thousands of Artiste streaming
to some 50 million subscribers worldwide, 12.5 million or just 25% of whom are
actually paying the US$8.00 per month to stream multiple Albums from multiple Artiste.
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