Google to Launch Music Streaming Service

Discussion in 'General Discussion' started by SoL DarkLord, May 15, 2013.

  1. SoL DarkLord

    SoL DarkLord SOL DARK LORD OF THE SEVEN HELLS Tabletop GM

    This can potentially lead to a Monopoly of services provided by Google. Now the only thing I'm curious about is the cost. Pandora is cheaper at $4 a month, $32 for a full year, if you pay for it. So the question is why does Google plan on charging $8 to $10 a month for this service.

    source: http://news.cnet.com/8301-1023_3-57584502-93/google-beats-apple-to-it-with-streaming-music-service/
     
  2. Inflikted

    Inflikted Achievement Hunter

    pandora is operating at a netloss since it first opened. Spotify runs on a netloss as well there is no profit at these prices due to music royalties taking up nearly 70% of their revenues. Now supposedly google/apple were able to get a better deal on royalties then pandora/spotify due to their userbase/clout. The only reason pandora/spotify are around still because investors are hopeful they would gain enough share of subscribers to turn a profit.. with google, apple, and amazon joining the music streaming business. The subscriber share will be even less for companies like pandora/spotify. Google already has a huge userbase to push its new music streaming service on android phones and on the web. Most likely this will either force pandora to increase their price to turn some sort of profit as they shed users or investors may pull out. Either way even with the higher price this is bad news for pandora/spotify.
     
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