flip side

drag2share: Streaming Services Free Rider Problem

source: http://feedproxy.google.com/~r/businessinsider/~3/TMIC3t2MfKY/how-business-insider-employees-listen-to-music-2013-8

Paying to stream: Pandora’s free-rider problem

Not a single respondent giving a definitive answer who uses Pandora said they pay for the service’s premium version, which cuts out ads, allows for offline listening through a Desktop app, and ostensibly provides higher-quality audio.

On the flip side, among Spotify users, more said they pay for the premium version — which allows you to listen offline, on any device, and without ads — than said they stay with the free version.

pay vs free

And some color:

“I no longer buy music . Spotify has everything I need, and I’m just fine ‘renting’ it all for $10 per month.”

“Today, I think Spotify makes sense, but I’m too cheap to pay for it on my phone. I like iTunes Match because it’s all of my music on my phone. If I want to test something out, I use free Spotify on desktop and if I love it, I buy it.”

I stream, mostly using Spotify. I pay the $10 a month for the premium, so I can listen on the computer at work and iPad/phone at home. ”

“I’m using premium most of the time these days. I stream exclusively. You Tube is a close-second.”


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Friday, August 16th, 2013 news No Comments

drag2share: Why Millionaires Are Lining Up To Help Students Pay Off DebtHow does it work?What’s in it for the backers?

source: http://feedproxy.google.com/~r/businessinsider/~3/Fi04DkjO1K0/upstart-helps-students-pay-down-loans-launch-businesses-2013-7

Upstart, a company aimed at helping college students-turned-entrepreneurs raise funds for business endeavors (and pay off lingering student debt), is barely a year old and already has wealthy entrepreneurs lining up to give young people a leg up.

They must be doing something right. Since launching in November 2012,  more than 200 backers have made 1,000 unique investments in Upstart projects. Of the 120 Upstarts on the site now, about half have been successfully funded.

L.A.-based entrepreneur Tony Safoian was an early supporter of the site. He’s run his own successful cloud computing and IT consulting firm, SADA Systems, for over a decade, working closely with Upstart’s founders back in their Google days.

“It took me a while to understand the business model, but I definitely feel like [Upstart] is potentially groundbreaking,” Safoian told Business Insider. “I always like being on the ground floor, not taking a massive risk but … literally being a customer or a member and getting integrated that way.”

How does it work?

After passing a rigorous background check, would-be entrepreneurs build a fundraising page with their business proposal and credentials laid out, just like an artist might raise funds on Kickstarter. Then, the site’s cache of “backers” (i.e. investors) have their pick of the litter. Investments start at $100, and backers can fund however much or! little they’d like. On the flip side, Upstarts can also deny investments from backers if they choose.

What sets Upstart apart from other crowdfunding sites is the option backers have to also offer themselves up as a mentor.


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Thursday, July 11th, 2013 news No Comments

Music licensing group BMI sues Pandora, deems radio station purchase a ‘stunt’

Source: http://www.engadget.com/2013/06/14/bmi-sues-pandora/

Music licensors didn’t waste any time in characterizing Pandora’s acquisition of an FM radio station as an underhanded attempt to cheat performers out of royalties, but the rhetoric has now hit the courtroom, as Broadcast Music Inc. has filed a lawsuit against the streaming service in the New York federal system. Key to the action — which casts Pandora’s move as “an open and brazen effort to artificially drive down its license fees” — BMI asks for a blanket determination of licensing rates for all music broadcast by Pandora. According to BMI logic, the lower royalty rates that terrestrial providers enjoy shouldn’t apply to the online segment of Pandora’s business. As the flip side to that argument, however, Pandora argues that it deserves equal footing with online competitors such as Clear Channel’s iHeartRadio service, which pays the terrestrial rates. It’s a murky decision, for sure. Hopefully the judge has a good supply of Advil.

 

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Friday, June 14th, 2013 news No Comments

drag2share: Here’s Why Shutterstock Generates Tons Of Revenue And Instagram Doesn’t

source: http://feedproxy.google.com/~r/businessinsider/~3/rrJip_homus/how-shutterstock-approves-photos-2013-2

Here’s Why Shutterstock Generates Tons Of Revenue And Instagram Doesn’t

Mar 6, 2013

Instagram has over 100 million users, but it doesn’t generate any revenue for Facebook. On the flip side, Shutterstock has over 22 million photos in its database and is a publicly traded company generating tons of revenue.

So, what’s Shutterstock doing differently than Facebook?

For starters, Shutterstock is a subscription service that relies on a secure approval process for its photos.

Shutterstock founder and CEO Jon Oringer talks to us about Shutterstock’s comprehensive approval process and what life is like as the leader of a publicly traded company:


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Wednesday, March 6th, 2013 news No Comments

A Beautiful Visualization Of How The Labor Market Changed After The Great Recession

Source: http://www.businessinsider.com/the-current-job-market-compared-to-the-pre-recession-job-market-2012-3


This is a great chart from Dave Altig.

Click to enlarge.

chart

Basically, what’s going on is, any dot above the diagonal line represents an industry where job growth is faster now than it was pre-recession. Any dot below the line indicates slower job growth.

As you can see, manufacturing is the real outlier here, as it averaged a monthly loss of 30K jobs between 2001-2007, whereas it’s been averaging monthly job gains from July 2009 to February 2012.

Karl Smith (who brought the chart to our attention) notes:

This is important for thinking about any kind of structural story you might be inclined to tell. Manufacturing employment had been falling for roughly 15 years and then suddenly stopped falling in the wake of this recession and started growing.

This may be (the) structural shift that folks are looking for but its important to note that this is basically a “reshoring” shift. Although, it’s not so much reshoring as a rapid slowdown in offshoring combined with growing underlying demand.

Anyway, on the flip side of the chart it’s pretty obvious that the big standouts are government and construction jobs, which means that recent signs of turnarounds in both could portend another big leg up in employment.

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Sunday, March 25th, 2012 news No Comments

Read Anonymous Reviews like Graffiti

Source: http://lifehacker.com/5886582/read-anonymous-reviews-like-graffiti

Read Anonymous Reviews Like GraffitiTrolls. They fill the internet with insults, dead-end arguments, and inanity the likes of which we’ve never seen. Or maybe we have. The Guardian’s David Mitchell notes that trolling comments aren’t all that different from graffiti, and should likewise carry no more weight.

More specifically, Mitchell is talking less about trolls as you and I know them and more about anonymous, often inaccurate online reviews. It’s not a bulletproof analogy by any means, but Mitchell’s idea does reframe the way you look at anonymous content in a compelling way:

When you read a bit of graffiti that says something like “Blair is a liar”, you don’t take it as fact. You may, independently, have concluded that it is fact. But you don’t think that the graffiti has provided that information. It is merely evidence that someone, when in possession of a spray can, wished to assert their belief in the millionaire former premier’s mendacity. It is unsubstantiated, anonymous opinion. We understand that instinctively. We need to start routinely applying those instincts to the web.

If you read a review, an opinion, a description or a fact and you don’t know who wrote it then it’s no more reliable than if it were sprayed on a railway bridge. We should always assume the worst so that all those who wish to convince… have an incentive to identify themselves.

The flip side of the coin, of course, is that anonymity is vital to the spread of information on the internet. The important tool to remember, as always, is your skepticism. Without it, you’re letting yourself get all worked up over graffiti. (And we’re not talking Banksy here—or even Hanksy.) Photo remixed from The Awl.

An internet troll’s opinion should carry no more weight than graffiti | The Guardian

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Wednesday, February 22nd, 2012 digital strategy No Comments

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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