Section13 Flashcards
1
Q
Music Industry Ecosystem Change
A
- Transition from physical sales to streaming
- Platform concentration: direct user access
- Organisational change lags behind technology
2
Q
Platforms vs. Traditional Labels
A
- Labels lose gatekeeping power
- Platforms gain leverage through user access
- Playlists become crucial for discovery
3
Q
Ecosystems in the Music Industry
A
- Artists, labels, platforms, retailers
- Concentration on streaming services
- Changing revenue and dependency relationships
4
Q
Competing Platform Designs
in the music industry
A
- Multi-sided (e.g. Spotify)
- Social/matchmaking (e.g. Tencent)
- Apple Music as a loss-leader
5
Q
Playlists as Complementors
A
- Boost artist visibility and revenue
- Labels create playlists to reclaim power
- Potential bias in music promotion
6
Q
Spotify’s Long-Term Strategy (two options)
A
Two paths:
- Follow existing label deals (losing profit)
- Gradually reduce label dependence via:
- Curation algorithms
- Direct artist uploads
7
Q
Future Tech Shocks
to be deleted
A
Key Questions:
- How will AI-driven tools reshape music?
- Who benefits from personalisation?
- Limits of new technology adoption
8
Q
Business Models in TIM
what is this saying? to be deleted
A
Core Concepts:
- Platforms and governance
- Ecosystems
- Value capture via innovation
