Chapter
The Complicated Business Model of Music and Audio
1:33:13 - 1:41:34 (08:20)
The music and audio industry is more complex than it may seem, as it taps into a core human need. Utilizing game theory can provide a deeper understanding of this industry and what consumers want.
Clips
The success of Daniel Kottke's negotiations with Steve Jobs is attributed to his tenacity and game theory approach, similar to the approach taken with iTunes, which involved risk, trust, and relationships.
1:33:13 - 1:35:08 (01:54)
Summary
The success of Daniel Kottke's negotiations with Steve Jobs is attributed to his tenacity and game theory approach, similar to the approach taken with iTunes, which involved risk, trust, and relationships.
ChapterThe Complicated Business Model of Music and Audio
EpisodeGustav Soderstrom: Spotify
PodcastLex Fridman Podcast
Despite initial doubts, music streaming companies have found success through a complex business model that combines advertising and subscription products.
1:35:08 - 1:36:19 (01:11)
Summary
Despite initial doubts, music streaming companies have found success through a complex business model that combines advertising and subscription products. This unique combination has proven difficult to replicate by competitors in the industry.
ChapterThe Complicated Business Model of Music and Audio
EpisodeGustav Soderstrom: Spotify
PodcastLex Fridman Podcast
The evolution of music streaming and consumption is likely to undergo massive changes in the coming years, with technology playing a significant role in shaping the way it's consumed, created, and distributed.
1:36:19 - 1:39:03 (02:43)
Summary
The evolution of music streaming and consumption is likely to undergo massive changes in the coming years, with technology playing a significant role in shaping the way it's consumed, created, and distributed.
ChapterThe Complicated Business Model of Music and Audio
EpisodeGustav Soderstrom: Spotify
PodcastLex Fridman Podcast
Despite financial pressures and monetization, podcast listeners want to hear longer and more complicated conversations, particularly when they are driving or multitasking.
1:39:03 - 1:41:34 (02:31)
Summary
Despite financial pressures and monetization, podcast listeners want to hear longer and more complicated conversations, particularly when they are driving or multitasking.