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6min chapter
Ben Thompson – Platforms, Ecosystems, and Aggregators - [Invest Like the Best, EP.176]
Invest Like the Best with Patrick O'Shaughnessy
The Role of Suppliers in the Music Industry
The power of suppliers determines how big and profitable the company that controls demand can be. The music industry model is because they are a produ sort of almost a venture id where they give you money up front to do your recording, but then they own it. And as long as new artists are going somewhere else, the back catalogue of these companies getting more valuable over time. That's actually a place where spotifi can exert more potential control and power in the space. If apple actually cared or had any interest in doing this, they could have rolled up the podcast space ages ago,. Itoms doesn't poste podcast pote; i's sort of the directory where everything is....
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