Bango: Subscriptions, bundling & payments’ Post

Yesterday on ausbiz, Roger Montgomery discussed the rise of music streaming services, with a particular focus on Spotify's market leadership. He highlighted how Spotify's ad-free premium model is driving significant growth in market share and the crucial role of return on equity (ROE) in assessing investment opportunities. The discussion also covered how companies like Spotify (NYSE:SPOT) and REA Group (ASX:REA) leverage their unique advantages to thrive in competitive markets.  #montinvest #spotify #stocks For more insights, watch the full discussion here: https://bit.ly/3YfejWj 

Apple One Individual vs. Family: Which is cheaper? - https://lnkd.in/diP442MK - An Apple One subscription plan is a great way to save money on streaming services. It includes popular services like Apple Music and Apple Arcade and is billed at one low monthly price. However, there are several different tiers to choose from, with Apple One Individual and Family being the

$1B for “targeting profitability for the first time” in 17 years, and after laying off 10% of its staff? And it took $542.8M in VC to get here? What is the point of any streaming service if it cannot monetize at scale and pay artists more? It’s not an indictment of this service, but of all services. They might be right, because stupid money follows stupid money, but a reckoning is coming for streaming services. It has nothing to do with how you feel about your favorite either, and everything to do with the lack of sustainable prosperity at scale. Mass aggregation streaming is content quicksand and using it properly only slows your descent. I’m grateful for the effort, but the execution has siphoned more money outside the music industry than has been returned to it and the culture of fandom has eroded. Is the infinite jukebox we once dreamed of really worth all this? I could do so much more with so much less. We shouldn’t allow software makers or hardware makers and the bananas economics of the VC’s behind them to control the purse strings of our industry, because our money tends to flow upward and not downward. Numbers lie because they suit the people who circulate them, who also control the machines that create them. I’m feeling good about the future though.

Subscriptions are a staple in B2C digital products, offering ongoing access for a periodic fee. Netflix and Spotify exemplify this, providing endless entertainment for a monthly subscription. This model ensures predictable revenue and fosters customer loyalty through continuous engagement. #SubscriptionEconomy #PredictableRevenue #CustomerLoyalty Example: Spotify Premium offers ad-free music streaming, enticing users with exclusive content and features.

Independent music firm Believe has stood out with remarkable growth rates. For the first half of 2024, Believe reported a 14.1% year-on-year revenue increase, reaching €474.1 million ($511.9 million). This growth included a 13.5% rise in the ‘premium solutions’ business and an impressive 23.4% spike in its TuneCore 'automated solutions' arm. However, Believe also reported an operating loss of €7 million, compared to an operating profit of €1 million in the same period of 2023. Despite the growth, Believe highlighted some concerning trends in the wider music market. The anticipated revenue acceleration at the end of H1 2024 did not materialize. While paid streaming trends were solid, boosted by price increases by major digital platforms in Q4 2023, ad-funded streaming monetization remained weak, especially in Asia. The expected recovery in Q2 2024 did not happen, prompting a more cautious outlook on ad-funded streaming for the rest of the year. Researched By: Vishal U. #MusicIndustry #FinancialResults #Streaming #Growth #MarketTrends

What types of Spotify and Pandora ads are available to brands? MPP covers your options in our essential guide to Spotify and Pandora ads.

📊Data that tells a story... Subscription models have become the backbone of the entertainment industry, offering everything from music to movies at the click of a button. 🎬🎵 Key takeaways from a recent analysis of the diverse pricing strategies across various platforms (based on insights from Goldman Sachs Global Investment Research): 𝐌𝐮𝐬𝐢𝐜 𝐯𝐬. 𝐕𝐢𝐝𝐞𝐨: Music Subscriptions like Spotify and Apple Music are significantly more affordable than video services, with monthly prices about 35% lower than Netflix. 𝐒𝐭𝐫𝐞𝐚𝐦𝐢𝐧𝐠 𝐆𝐢𝐚𝐧𝐭𝐬: Despite a crowded market, Netflix and Disney+ remain the only profitable streaming services! Netflix's revenue surge is attributed to its password-sharing crackdown and ad integrations. 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐑𝐞𝐭𝐞𝐧𝐭𝐢𝐨𝐧: With average churn rates of 35%, providers are increasingly bundling content to keep viewers engaged and minimise subscriber loss. 𝐍𝐞𝐰𝐬 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧𝐬: High-profile news outlets like The New York Times charge premium rates, reflecting the growing digital subscription economy in journalism. Source: Visual Capitalist #Entertainment #SubscriptionServices #Streaming #Music #Video

How much are you spending on entertainment? 💰   📈Entertainment services are indispensable, whether it's video streaming (e.g., Netflix, Disney+) or music (e.g., Spotify, Apple Music). Despite their popularity, the subscription model poses challenges for companies to generate sufficient revenue. Currently, only Netflix and Disney+ are profitable.   📺 In the video streaming market, Amazon Prime Video holds the largest share at 22%, closely followed by Netflix at 21%. However, customer loyalty is low, as users tend to switch providers based on available content. This results in an average churn rate of 35% annually for streaming services.   🎶 In the music sector, platforms like Spotify, Apple Music, and YouTube have recently increased their subscription prices.   📰 When it comes to digital news subscriptions, The New York Times outpaces the competition, boasting 9.7 million subscribers in 2023, which is about three times more than the Wall Street Journal. Check more insights on Visual Capitalist.     #analyticsarts #entertainment #datavisualization #netflix #spotify

How to Open Spotify Links If You Aren’t a Spotify User. Your friends are always sharing Spotify links with you, but you don’t use Spotify. Here are four ways to translate that link into something that launches your preferred streaming app instead. https://lnkd.in/dbp6dmUy

"The fundamental message was that streaming needs to shift from a single consumer value proposition of ‘all the music, any time, anywhere’, and simple digital monetisation strategies focused on subscriber growth (‘get people to pay, and then get more people to pay’), to a more complex model that maximises customer value and focuses on both subscriber and ARPU growth." #MusicDistribution #Streaming #MusicBusiness #MusicIndustry #Beatroot