Apple
Apple has set a record today with the biggest market cap in history. 710.74B. Over 700 hundred billion dollars. Daniel Ek, they are coming for you.
Category: Spotify
The Writing Level Sucks.
Worse than Google, YouTube, Spotify, piracy, radio, payola, monopoly, Pandora, and my cousin Maria, is the fact that the art of writing hit songs has been gone for generations, with the exception of a select few. There’s one of your biggest problems. The writing level sucks. Sucks really bad. Sucks the chrome off a trailer…
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The Lunacy of Valuations
To give you more insight into IPOs, the lunacy of valuations, and the insanity. Shake Shack IPOed today and is trading at an eye-popping price-to-earnings ratio of about 325, with each restaurant valued at about $27 million. 1.6 b market cap. Insanity. Hence why a Spotify IPO would have zero problem with a 10 –…
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Spotify Strategic Global Partnership with Sony Network Entertainment International
Doug Morris clearly learned by not asking Jobs for equity: Spotify Strategic Global Partnership with Sony Network Entertainment International Spotify has announced a strategic global partnership with Sony Network Entertainment International, to deliver a best-in-class digital music experience with PlayStation. Through this partnership Spotify will launch within PlayStation Music in 41 markets to more than…
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Spotify IPO Launches by Spring
My guess would be the Spotify IPO launches by spring. You can feel the ramp up and the powers that be are far too smart for to wait for the current tech bubble to burst. Those of you affiliated with major labels should start to see the propaganda, requests for “playlists” etc., start to heat…
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Watch This Bouncing Ball
Open up the checkbook, pay whatever you need to crank a song. Promotion is billed back to the artist. The song becomes a hit, let’s say sells 1-2 mm. 750 – 1.5 million in revenue. Artist is more than likely unrecouped anyway. So just mechanicals have to be doled out. Then, because the song…
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This Time We Demand Equity
It’s truly a beautiful scam. The ultimate scheme, whereas nothing is illegal. Once the labels found the bounty known as adrev, and the fact that it could replace lost recorded music income, they began plying their artists with it’s purported usefulness. That’s certainly a raised eyebrow of conflict or collusion. But still not genuine illegality….
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Jack Ponti, "Grow some balls, take a stand, it's your future."
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