... wow. Ben Affleck perfectly predicting Spotify and Netflix in a random 2003 interview Almost exactly right about the unit economics of annual music subscriptions and the timing of online movie streaming. Solid point too on how shareware (Napster) is a necessary predecessorpic.twitter.com/mpEgRPK4zL
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Music studios were slow to embrace music subscription services like Spotify for many reasons, but IMO part of it was that even a complete elimination of piracy in favor of subscriptions would have destroyed most of their revenuehttps://twitter.com/backus/status/1014664705544089601 …
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Lots of new formats are lining up to replace mp3. Better quality and smarter compression. Google, Mozilla, Netflix, Amazon are all on board
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Yup. MP3 wasn't even better at the time but it won culturally enough to takeoff. Now Spotify for example uses Ogg vorbis
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Yup! Personally think we need another iPod/Walkman revolution for consumers to know&adopt new formats. Sony is doing a good job with its HiRes audio lineup. A smarter Walkman with streaming/downloads support will be the way to go.
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But we have a problem with audio quality here, I cand understand this in the early 2000s but now you can have the Rolling Stones discography in your phone, it's time to use flac, you can see HD in YouTube, NetFlix and other platforms, audio industry is waaay behind!!
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