MusicDish e-Journal - February 18, 2018
MusicDish Advertising Network
Search MusicDish e-Journal (Advanced)
Subscribe To MusicDish e-Journal
About | Contact | Advertise | RSS | Submit Article | Submit News | Artist Development | Premium PR Distribution
Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network

MusicNet & Pressplay fall short
By Jon Newton,
(more articles from this author)
Comment | Email | Print | RSS

Music Industry News - as it happens
Source: Mi2N - December 12, 2001

Merely renting music is likely to be as successful as DIVX was for Circuit City - fine on paper, but nobody came. That's the conclusion drawn from a digital entertainment survey which reveals that post-Napster, online music is still, "baffling to the Big Five music labels."

It's clear that there's a real need for a legal and inexpensive way for consumers to dl music and to be able to use it the way they do now - "freely copyable to their portable devices," said Watson-Research's president Oromond Stacker in a study, continuing, "Unfortunately, the three strikes against the current incarnations of MusicNet and Pressplay will further prejudice the market against online subscription music services."

Stacker said the major objections raised during his company's interviews were clustered within specific complaints:

1 - Music is only for rent and only for 30 days;
2 - 100 songs streamed and another 100 downloaded isn't enough for the $9.95 monthly subscription; and
3 - "Outrage" that it's really a rental and not a subscription.

"MusicNet offers a limited catalog: Enough said," Stacker went on. "MusicNet represents three of the 'Big Five' - Bertlesmann's BMG, AOL Time Warner Music and EMI. Its putative rival, Pressplay, to be launched later this month, represents the other two, Universal Music and Sony Music. Microsoft's Windows Media will be Pressplay's player, so no convergence likely here and at least two subscriptions will be required.

"Lack of Portability: The ability to listen to music on devices other than the computer is a given for a successful service. Many respondents cited portability to the increasingly popular MP3 players as a pre-requisite for even evaluating a subscription service."

He added that the Big Five Music Labels seem to be, "arrogantly laying down the 'rules' for online music services as if they feel they don't need to respond to consumers' actual needs. Our research strongly suggests that this is, at best, naive.

"There is the potential for enormous revenues and profits from monetizing online music services. If a fraction of the resource that had been put behind the gala unveiling of RealOne at Le Parker Meridien had been put into quality market research and acted upon, then services such as MusicNet and Pressplay would stand a much better chance of realizing those profits. Free-music service Morpheus understands the needs of its user-base. Monetizing a Morpheus-like service should be the goal."

Related News from Mi2N:
» Watson-Research Study Finds Big Five Music Labels Continue To Ignore Consumers' Online-Music Needs

Home » News Beat » MusicNet & Pressplay fall short
Email |Print |Comment |RSS

back | top

MusicDish Advertising Network

News Beat

» VNUE Inc. To Acquire Music Rights Startup Soundstr

» Viberate & Imogen Heap Strive To Give Equal Opportunity To Every Artist

» Mixcloud Taps Gracenote for Advanced Music Recognition

» Copyright Royalty Board Increases Sirius XM Royalty Rate

» Live Entertainment Specialists Headliner Launch Premium Artist Booking Service

News Beat Directory

» [2018-02-01] Insomniac Announces Inaugural Electric Daisy Carnival China Set To Debut In Shanghai; China Marks EDC's Second Location On The Asian Continent

» [2018-01-22] Italian Independent Music Collective Fil1993 Group Signs With MusicDish*China; MusicDish*China Will Be Developing Their Online Presence And Social Media In China As Well As Releasing Their Catalogue To Chinese Streaming Music Services

» [2017-12-25] MusicDish*China Presents 'Savage Guitarist' Todd Clouser In Beijing; As Part Of His #YouTheBrave Asia Tour That Includes 8 Shows Across Japan, Todd Will Be Giving Solo Shows At Laifu Livehouse On 12/27 And Temple Bar On 12/28

» [2017-12-20] Mixcloud Taps Gracenote For Advanced Music Recognition; Next-generation Audio Fingerprinting Helps Mixcloud Identify And Catalog Copyrighted Music Within User-generated Content

» [2017-12-18] Copyright Royalty Board Increases Sirius XM Royalty Rate; Judges Announce Royalty Rates And Terms For Satellite Audio Radio Services (SDARS) And Preexisting Subscription Services

» [2017-12-06] Lithuanian Band Grabs Bronze At The Silk Road Indie Music Festival 2017; Antikvariniai Kašpirovskio Dantys Competed With Bands From Belgium, Sweden, Armenia, Germany, Japan, South Africa, India, Norway, Poland, Italy And The UK As Well As China

» [2017-12-06] Live Entertainment Specialists Headliner Launch Premium Artist Booking Service; A Fully-managed Service That Simplifies The Process Of Booking Renowned Artists And Performers For Occasional Event Planners, Agencies And Brands

» [2017-11-27] Voice-Controlled Speakers & The Music We Listen Too; Music Is A Major Part Of The Way Amazon Echo And Google Home Owners Interact With Their Devices

» [2017-11-21] Nordic & British Musicians' Unions' Joint Statement On Sexism In The Music Industry; Discussions On The Issue Of Gender Inequality, Sexism And Sexual Harassment, The Scale Of Which Had Been Highlighted By The Recent #metoo Campaign

» [2017-11-13] Women Make An Impact On The 2018 MPG Awards Shortlist; Nearly A Quarter Of Those Named This Year Are Female, Proving That Music Production Is No Longer A Bastion For The Boys

» [2017-11-13] The Nashville Musicians Sound Healthcare Plan Rolls Out; Sound Healthcare & Financial Announced The Formation Of A True Group Health Insurance Policy Plan For Musicians And Industry Professionals

» [2017-11-09] Streaming & Listening Diversity - Spotify Case Study; Will Artists Have An Easier Time Finding An Audience, Or Will Streaming Focus Global Attention On A Small Number Of Stars?
MusicDish Advertising Network

follow MusicDish on
Follow MusicDish on Twitter

Mi2N Music PR

Hybrid Studios Hosts Annual NAMM Afterparty

High Definition Music Card - The New Way To Experience Music!

DEATH BY MISADVENTURE, New True Mystery Podcast Launches 31st January 2018

Music And Kids Joins Forces With Carnie Wilson, With Plans To Provide One-on-One After-School Music Education To Thousands Of Middle And High School Students

Don Dawil's Valentine's Day Debut Latin Single "Necesito Verte"

Taking Applications - The 23rd Annual USA Songwriting Competition

The International Music Consulting Firm GINGIO Hosts Events At NAMM And Grammy Weeks

Websites: Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network
Services: Submit Article | Submit News | Submit Video | Artist Development | Premium PR Distribution

Copyright © 1997-2018 MusicDish LLC., all rights reserved.
About MusicDish e-Journal | Contact Us | Advertise | RSS | Internships