Hoover and I are both huge fans of subscription models for music. Whether we’re talking giant ISP cloud cable music, the inevitable iTunes and Google cloud, or individualized band subscription models, it’s all good.
The styles, configurations, and names will change a bit, but we’re confident that that is/will be the next music business model. Jasmine France from CNET attended Billboard’s Mobile Entertainment Live summit and pondered if we’re ready to “rent” music.
First off how the fuck are these realization only happening now within the music/tech world. Secondly I would say a resounding Yes! Of course we’re ready for cloud music. As smart phones gain in power and popularity it doesn’t take a rocket surgeon to see that people will want to keep their music with them wherever they go. Smart phones hooked into a cloud, renting music on demand is the next step.
The details are still unclear but this is the future.
In an interview with Janus Friis, co-founder of Kazaa and Rdio (among other things). He was asked whether he thought the current $10 rate is a fair price for an on-demand service such as Rdio.
His answer was that it is, what with the fact that it’s about the same price as a single album, but he believes that–naturally–it would be even better if it could be cheaper.
Subscription music has been around for a while now, but it has been slow to catch on. The general sense I’ve gotten over the years is that people have some problems with the idea of “renting” music. But what about now? (Full Article)
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