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-- Tidal - Artist owned high fidelity streaming service
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quote:

Originally posted by Zak McKracken i lolled. nothing from Norway can ever make it globally.

Wait! WTF! Is that you Palm? Fuck, I don't know why I didn't see it before. Maybe the Amiga reference threw me off (btw, good choice, 2nd fav amiga game behind Monkey island).

quote:

Originally posted by Zak McKracken i lolled. nothing from Norway can ever make it globally.

Say What?

Hahaha

http://bgr.com/2015/04/22/kanye-wes...tweets-deleted/

quote:

Originally posted by Storyteller Hahaha http://bgr.com/2015/04/22/kanye-wes...tweets-deleted/

Lol you beat me to it!

Not looking good for JZ - When your protege abandons you because he doesn't want to be associated with a flop, and goes as far as removing any evidence that he was part of it, you know there's trouble.

I had said this before, but JayZ likes to come across as the CEO of hiphop (although master-p did it earlier, and Dre's wealth vastly outstrips him) but he has a history of massive financial disasters, which until now he had been able to hide.

I think tidal will end up costing him some reputation and the best part of $70m.

Oh boy.. I really wish "Hova" would've kicked the bucket after Reasonable Doubt.

quote:

Originally posted by Zak McKracken Schibsted is laughing all the way to the bank

Well, yes and no.

jayZ paid around 60c on the $1 for the shares, and at first his offer was rejected until he upped it as the shareholders were not happy. The deal was still done regardless though. So in that respect, it's bad for aspiro/schibsted.

On the other hand, when you look at spotify, who have 60 million users, and 14m paid users, it's valued at around $6bn and....

.....THEY HAVEN'T TURNED A PROFIT YET.

Now compare tidal with 500,000 paid users. If JayZ can get that up to say 3m paid users, just based off his fame, by the same token of valuation (i.e. purely speculative as these internet companies usually are) that would mean tidal would be worth $1.5bn. that's not a shabby return on $60m investment and probably $20m more in marketing and operating expenses.

The scary thing all around is the very nature of these valuations.

For instance, Uber is valued at a staggering $42bn. Yes forty two billion. And guess what?

Haven't made a penny profit yet. It's all about "what they could do". People reading in to things in their business model like, they will be the only same day courier service, or kill off all the food delivery services, or they might start mass travel etc.

it's all bullshit.


same with Gilt Group (like groupon). have not made a penny either, yet they have had multiple rounds of investment to the tune of now 100's of millions of dollars, and are prepping their IPO.

Now back OT, spotify give 70% of their GROSS revenue in payouts to artists. then why are we here complaining about how little artists get paid by spotify? Because 60m people us it to get free music, yet only 14m pay a paltry $10 a month and students only pay $5. that means their revenue is about $1bn of which $700m is paid to artists.

So their revenue before and expenses is $300m. Now name me any non-internet company that does that does that little revenue but is valued at $6bn.

It's bonkers, and this is why the streaming model, unless you do pay for play directly to artists, is utter bollocks.

quote:

Originally posted by DJ RANN Now back OT, spotify give 70% of their GROSS revenue in payouts to artists. then why are we here complaining about how little artists get paid by spotify? Because 60m people us it to get free music, yet only 14m pay a paltry $10 a month and students only pay $5. that means their revenue is about $1bn of which $700m is paid to artists. So their revenue before and expenses is $300m. Now name me any non-internet company that does that does that little revenue but is valued at $6bn. It's bonkers, and this is why the streaming model, unless you do pay for play directly to artists, is utter bollocks.

It is the potential which its value is based on. Yes that requires a lot of guessing. But extrapolating those numbers based on the very limited reach Spotify has currently compared to its growth in members, completely aside from the number of territories they're investing in the potential is enormous. They are very well likely to just turn around 10% right now of what they can be doing in in several years. That is what the value is based upon.

Honestly interested in the stock when it goes public, its gonna generate hype then crash. Im gonna invest in their demise, or miraculous gain, either way im in. Same with spotify.

quote:

Originally posted by Zak McKracken i pulled my catalog today. did not like the contract with tidal, and the new tidal discovery label login page. i could no longer have a label so to speak. my sub labels was all renamed to "Tidal Discovery", which is not fine at all. i dont want my music to have a Jay Z stamp on cross of all platforms. edit: and yes streaming is such a fucking lol. sound quality is terrible, interface is terrible, crashing software is terrible, pay to artists is terrible. what a joke. from now on, if my music isnt good enough for vinyl it just isnt good enough for anything.

What the fuzark?

All labels renamed Tidal Discovery? Way to piss off all your artists.

It's all just branding. Billy Corrigan did a great interview about the biz and he was incredibly astute in regards to how outdated the old music business model is, and how the beats $3bn deal changed everything. Basically music is just the lubrication for larger leveraged branding deals including TV, merchandise, advertising, accessories etc. Jayz is just trying to break off a piece of the pie for himself but he's failed because he tried ot present it as giving back to artists, but he would not be taking a slice himself if this was an altruistic venture - in that respect it's been a complete backfire for him.

There was also a greta article calle Spotify: got 99 problems but JayZ aint one - basically Spotify has trouble ahead but tidal is of no threat, and if spotify doesn't make it, then tidal is fart in a sandstorm.

quote:

Originally posted by Zak McKracken laggy buggy new interface

Fucking this. The whole goddamn program takes up so much resources it's not even funny.

Tidal loses 3rd CEO

Oops, not going well at Tidal HQ.....

http://www.businessinsider.com/jay-...o-let-go-2015-6

Re: Re: Tidal loses 3rd CEO

quote:

Originally posted by Zak McKracken theyre just cleaning up the most expensive employees in the world, the norwegian middle men lol.

Lol maybe, but these companies (tech, IP etc) usually get to those giant valuations based on the creative vision of a CEO. It's not even about tangible wealth, it's all about potential and most successful tech CEO's are just great story tellers or leaders.

I'll give todal another 6 months before a sell off anoucement is made (at a big loss, although they will PR/spin the shit out of it to try to make JayZ look like he didn't fail.

itunes streaming is going to destroy most of the competitors.

Streaming is the future. It will mean more money regardless of the breakdown. The idea of actually having an mp3 on your system will be laughable in 10 years.

quote:

Originally posted by Looney4Clooney itunes streaming is going to destroy most of the competitors. Streaming is the future. It will mean more money regardless of the breakdown. The idea of actually having an mp3 on your system will be laughable in 10 years.

I think you're right. May even be sooner like 5 years. I just had 2 songs released and the only announcement I make is for the Spotify link. I think another promising avenue is monetized Youtube channels as well.

quote:

Originally posted by Looney4Clooney itunes streaming is going to destroy most of the competitors. Streaming is the future. It will mean more money regardless of the breakdown. The idea of actually having an mp3 on your system will be laughable in 10 years.

id say even less, cant remember the last time i downloaded a mix or mp3 track

Not totally related but an article came out today that leaked the fact the Uber (as I mentioned earlier) lost at LEAST $500m least year, if not closer to $1bn yet are valued in epic bubble proportions.

I'm not even sure tidal (or should I say JayZ's stake in ti) will last 6months now.

it will eventually be a mix of catalogue and support. Tidal's statement about its first investors ie the top tier artists isn't really making it sound better. They will sell out any way they can but do it pdiddy style with white clothes.

The only music that needs to be lossless is classical and dynamic acoustic. I suppose it won't be an issue in a few hears but right now, nobody or very few data plans in NA will cover it.

great.

The only problem is that the radio portion is shit. They ned better curators and stations but if you know what you want, well the catalog is enormous.

there is.

I actually like to hear new music and i suppose people have lost the point of a dj and what they are supposed to do. There is so much new music, that to have someone you trust to filter the rubbish, i find that of value.

Its fucking great tho. Music piracy is done. It is 256 AAC which is often as good or close to 320 mp3. iTunes also still keeps the master versions so it will eventually be bumped in fidelity when data transfer is no issue or they feel like charging a premium.

quote:

Originally posted by Looney4Clooney there is. I actually like to hear new music and i suppose people have lost the point of a dj and what they are supposed to do. There is so much new music, that to have someone you trust to filter the rubbish, i find that of value.

Same here, I like to hear new music. I like Sirius radio for that reason, their DJs and curators do a great job of sifting through the pile and finding the best. The DJs for Alt Nation are so good at what they do, they're influencing the charts in a big way. We still need "radio".

I want high quality too, or at least have that option. Neil Young removed his music from all streaming services. His complaint was poor audio quality, it's not fair to sell that to fans. Maybe he will go with Tidal. He's got his Pono thing though, but that's not online streaming.

neil young is retarded

the number of people that benefit from hifdelity music are insignificant. If you are actually old enough to have the money for a system that would reveal flaws for the untrained ear, you've already lost most of your hearing. People will just youtube his shit.

neil young might as well make you sign an agreement regarding your playback system and your ability to hear past 12khz

quote:

Originally posted by zodiac9 Same here, I like to hear new music. I like Sirius radio for that reason, their DJs and curators do a great job of sifting through the pile and finding the best. The DJs for Alt Nation are so good at what they do, they're influencing the charts in a big way. We still need "radio". I want high quality too, or at least have that option. Neil Young removed his music from all streaming services. His complaint was poor audio quality, it's not fair to sell that to fans. Maybe he will go with Tidal. He's got his Pono thing though, but that's not online streaming.

There was a independent test of Young's Pono by one of the consumer sites and sadly for him, most people in the blind preferred the lo fi version.

That should tell you enough about the average consumer's listening ability and conditioning to know that hi fidelity, unless selling to a small niche audience (basically us - younger people who have a background in music/engineering) there's really not much point.

I too like sirius - at least you get to hear new things in somewhat an east way (in that it's spoon fed to you rather than having to go out and dig for it).

Radio (I use that term loosely) is still important as we need someone to curate music for us. Sure machines can do it too but you start getting to the point that you're programming so much variance in them to give diversity, it's easier and more efficient to have a music enthusiast or DJ play some music at you.

I would however like to have better quality streaming - Sirius (at least on car systems) has horrific data compression and I can hear all sorts of artififacts and aliasing on my car's audio system.

dynamic music is actually worse for your ears. It is those percussive hits that don't allow your ears naturally muscles to tighten the ossicles acting as a organic compressor that kills your hearing the most. I mean if you are listening to loud music , then it will damage it

if you had any idea how much distortion PA speakers are adding, you wouldn't really be arguing about mp3 and wav. Yes, even function one.

I haven't checked in a while but the fatigue is mostly psychological in that they have't provided a proper study to test this theory. We don't know.

knowledge whut

So it seems SAmmy might be in talks to buy the disasterous streaming platform:

http://hiphopdx.com/news/id.37659/t...se-jay-zs-tidal

They really need it - Kanye's album didn't net them anywhere near the money they needed and Jay-Z is having to pump in his own cash just to make it stay afloat. Royalty payments are delayed so all those big name artists who signed up to help it make a splash might be a bit pissed right now lol.

Oh Dear....

Losing the top brass...

http://nypost.com/2016/03/01/two-mo...es-leave-tidal/

And now, if these guys win, the floodgates open and Tidal will go under in a matter of days....

http://fox40.com/2016/03/02/jay-zs-...ed-by-musician/

(They're basically claiming that there is one rule for top artists who received accurate royalties, and another illegal provision for anyone smaller and they basically got a fraction of what they should have)

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