[101666] in Discussion of MIT-community interests
The coolest backpack for Spring (REI)- Get yours this week
daemon@ATHENA.MIT.EDU (Kenny Foster)
Thu Mar 1 16:39:50 2018
Date: Thu, 1 Mar 2018 18:29:47 -0500
From: "Kenny Foster" <kenny.foster@besttruooser.com>
To: <mit-talk-mtg@charon.mit.edu>
REI
-- Spring 2018 --
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Raine or shine, take it on any adventure in 2018
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Its the most functional coolest backpack around thats not only
incredible looking but the most functional around
+ Has a built in USB charger
+ Advanced storage
+ Shock proof and weight balanced
+ The best storage compartments we have ever seen
+ Take it hiking, biking, commuting, exploring, or traveling
+ Repels water
Receive yours this week
http://www.besttruooser.com/Teflon-institutionalizes/e4gJ8.6A5a1O10fnhvVdVKyxdhVtFMuKmji0hvV0ONW387
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Spotify took in 5bn in revenue in 2017, but posted a loss of 1.4bn. Why? Because its paying out buckets in royalty payments to record labels more than 70% of its entire expenditure. One solution to balancing the books might be to create a major record label of its own. Take Netflix, a company that saves s by creating its own content, therefore avoiding the need to negotiate deal after deal to bring shows to different markets around the world. The so called Netflix Originals now form the bedrock of Netflixs popularity, and theres no reason why Spotify couldnt do the same with music.
Spotify said it would continue to make significant investments in such technologies. Its a key differentiator. If Spotifys recommendations get you more than the others, it will win. There are few things in life more satisfying than discovering new music.
On Wednesday, Spotify announced it would go public but thats not to say it is here to stay. The company has long been surrounded by threats, and its no different today. Apple, Amazon and Google are also in the streaming game and unlike Spotify all sell devices on which consumers can listen to music. And while Spotify has signed deals with all the big three record labels Warner, Universal and Sony it is the music executives that still hold the bargaining chips.
As it makes its formal IPO announcement, it has kept most of the wolves from the door, but not all. Heres what Spotify said on Wednesday: Our current and future competitors may have higher brand recognition, more established relationships with music and other content licensors and mobile device manufacturers, greater financial, technical, and other resources, more sophisticated technologies, and/or more experience in the markets in which we compete.
