Electric Jukebox - will anyone pay for music? - which is the best electric toothbrush to buy

by:Yovog     2022-07-11
Electric Jukebox - will anyone pay for music?  -  which is the best electric toothbrush to buy
Streaming is the future of music.
This is the wisdom now recognized.
But if that's the case, the music industry will never have much value because paying for streaming services is largely a minority activity.
But now, a well
British businesses plan to change this with simple hardware and software.
The electronic record player you plug into the back of the TV is equipped with a voice device
Activate the remote control and get access to all the music you might want in a year.
The man behind the idea, Rob Lewis, has made record achievements in this field, and he founded omnisfinone, a company that provides music services to mobile operators.
Setting up is much simpler than streaming music systems like Sonos or services like Spotify, which he says is a key selling point.
One Christmas, he and his brother decided to buy a Sonos system to subscribe to Spotify for their parents.
Then he said I had to provide technical support.
That's light-bulb moment.
"The idea of how to use continuous queries with complex systems is not appealing, so he started creating something simpler.
"I set a challenge for the team.
Can we make something in a box that is affordable for most people, open the box and in two minutes you have a record player with all the music in the world
"I was impressed when I got a product demo launched today in London.
Looks simple, there are only three options on the menu
"My Music", "Discover", where you can get a carefully curated playlist, "search", which is your gateway to world music.
Just press a button on the remote and say "Bruce Springsteen" and the boss's music is waiting for you.
But then I asked the price.
When I was told it was 179-
Or $229 in the United States. my jaw drops.
Keep in mind that you can buy Google's Chromecast or Amazon's Fire Stick for £ 30 or £ 35 respectively and they will do the same.
That's right, then you have to pay around £ 10 a month for the subscription service, but you may choose to play all your music from YouTube for free.
Rob Lewis and his colleagues tried to convince me that it was wrong to be so skeptical.
According to their market research, most ordinary British families will see
Not a month deal. (
You have to pay £ 60 to extend the music service for another year).
Globally, only 50 million people pay for streaming services, compared with 0. 2 billion buying a CD a month 10 years ago.
Big-
The center of each family has a TV screen and becomes a music center that will win millions of lost customers.
Indeed, if you say to a normal family ten years ago, you can have a new music system, plus any number of CDs you want in a year, all of which are 179, they might bite your arm.
But the sad fact for electronic record machines and the industry as a whole is that in the past decade, most of its customers have just lost the habit of paying for music.
Mark Mulligan, one of the most astute analysts in the music industry, told me that he thought it was a good idea to have an electronic record machine --
In fact, he made a similar recommendation in a 2011 report.
But he remains skeptical about whether it will make a lot of money for its supporters.
"Most of my clients are music startups --
He said: "I told them that they can never make a profit because the economy is so bad.
Their best chance is to sell to a bigger company.
"As he points out, when we face a lot of free online content, the behavior of all of us has changed, which makes economics look so bad.
Just as people who bought newspapers before were less likely to pay for online news, so buyers of old CDs have given up the idea of buying music.
It's also an argument made this week by Simon Indelicate, a musician and independent band the Indelicates. In an epic (
Occasionally swearing. blog-
In the post, he explores his trade economics in the digital age and concludes that music is worthless: "Or more accurately, the market value of 42 minutes of ordinary recorded music transmitted over the internet is almost zero, and there is no difference.
This is not to say that some musicians
In fact, creative entrepreneurs like Rob Lewis
Could not find a way to pay for music.
The era of just ordinary people giving a fair share of cash to the music industry is over and there is no indication that it will come back.
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