Money, Money, Money
Money, Money, Money
Out of context: Reply #3
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- ETM0
What is their revenue model? If it's in the vein of Spotify et al, those companies are not making money as it is. Spotify won't be profitable for years. When do you see a return on that percentage?
I'd at least get some cash as well.
Excerpt from a Business Insider post:
"Spotify won't ever make a profit because of one-sided deals with record companies that give Spotify the short end of the stick every time, according to MP3.com founder Michael Robertson.
Spotify isn't the only service at risk — all the other online radio and music streaming services like MOG and Rdio also face similar problems with record companies..."