|To: FactsOnly who wrote (24)||4/20/2012 3:09:28 PM|
|I would never use Pandora and here's why: There is a vast universe of incredibly interesting music out there. |
Pandora focuses your listening into a tiny niche. If you like a great band it will find the lesser bands that copy the first band's sound. That is anti-creative and stifles innovative music and probably the reason most people over 25 stop listening to music "Because they don't make good music like they did in my day."
I've been hearing that last one for 50 years. Sheech.
I want to expand my listening into areas I where would not necessarily be comfortable. I want to expand my mind and stretch my ears into new area. Most of the great music composers were misunderstood at first. Beethoven's students complained they couldn't understand his music. There were riots at the first Stravinsky ballets. Miles Davis was constantly criticized when he innovated. Bob Dylan was criticized when he went electric.
The way I find great new music is almost always through friends with big stretched out ears. My friends have recommended a lot of music that I initially did not like, but because I had respect for their intelligence I stuck with most of it until I understood what they loved about it.
The loser here in actuality is... Apple. The people who really know about what is new and great are... surprise... musicians! Musicians sell music on iTunes and Apple wants to expand its social values but they are overlooking this treasure, the musicians themselves and who they listen too.
On the other hand I think Pandora will survive because 90% of the listening population uses music for the "background" of their lives. Quality and innovation are not a big deal to them. Cheap is a big deal. You won't find many of these folks shelling out $100 for a Duke Ellington box set. They like 4/4 time and major/minor chords. A "good beat" and "a good melody" known as a hook in the trade. So its pretty easy for hollywood to pump out more of the same. A good beat and a good melody are not rare commodities, we are drowning in it. So as any commodity the law of supply and demand rules, extreme thin margin and huge cash flow.
Only 10% of the population takes time to actually sit down and do nothing while listening to a piece of music.
This would be akin to going to a gallery and glancing at Michal's photos while carrying a laptop working and checking stocks. You cannot empathize with the creator of the art form without some concentrated thought. You cannot guess the creators intentions if you don't at least try.
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|To: Lahcim Leinad who wrote (25)||5/3/2012 2:43:05 PM|
|I like the stock. I do not like the latest economic indicators in the US and the fact most of EU is falling into a second dip recession. I think there is a risk in the US as well unless we start some major infrastructure works to stimulate the economy. Other than that I like the stock.|
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|To: Doren who wrote (26)||5/3/2012 2:49:41 PM|
|"Pandora focuses your listening into a tiny niche"|
That might be the case if you create and listen to only one station. Even if you create one station, you could manually add more songs and artists to open up the possibilities, then Pandora will recommend others for you based on the DNA of what you said you like.
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|From: Glenn Petersen||5/17/2012 12:54:48 PM|
|Spotify Is Raising Millions in a Deal That Would Value It at $4 Billion |
By EVELYN M. RUSLI
New York Times
May 17, 2012, 12:35 p.m.
The mega funding rounds are back.
Spotify, the social music service, is in the process of raising hundreds of millions of dollars in a deal that would value the company at as much as $4 billion, according to people with knowledge of the matter, who spoke on the condition of anonymity because the talks were private.
Goldman Sachs is set to participate in the financing round, accounting for about $100 million. The company — which is still in discussion with several firms and may not close the round for many weeks — could ultimately raise about $220 million, two people said.
The lofty valuation for a service that expanded into the United States only last year underscores how fast the online music start-up, built on top of Facebook’s social network, has grown. Founded in Sweden in 2006, Spotify operated for years in Europe but it didn’t make its American debut until last year, after protracted negotiations with record labels. Since expanding its reach, Spotify’s business, which offers a free version and a premium subscription, has boomed.
It has roughly 19.9 monthly active users, according to AppData, a data service that tracks the popularity of Facebook applications.
In an interview last month with the Swedish newspaper Dagens Industri, Spotify’s chief executive, Daniel Ek, said that the company could record $889 million in revenue this year. Still, it will likely report a loss, as it spends money buildings its business. Last year, it booked a loss of roughly $60 million.
Last February, Spotify raised about $100 million, in a funding round led by Kleiner Perkins Caufield & Byers and DST Global, the Russian investment firm, in a deal that valued the company at $1 billion.
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