Subscriptions create billions of dollars of new music revenue each year. The biggest companies in the world - Apple, Amazon, Spotify, Google - fight over each new subscriber mercilessly, even though they only claim 30%. The fight for your ears is live, and you can feel the results.
But what about the other 70%, worth $10 billion a year and growing? The sheer pressure of the new inflow is revealing massive hidden opportunities— we’re on the precipice of a new creator economy. And, it is far bigger than data and direct to fan.
Ryan Walsh, current Partner at Floodgate Ventures and former VP Product at Beats Music / Apple for music, movies & TV, shares the details on these secret opportunities.
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