New Models Of Doing Business: Pandora Radio As if the music industry has not seen enough change in recent years, Pandora Radio has started yet another music revolution. This time, however, the revolution is not about how the music is stored and collected (LP/CD/MP3 transformation), or how music is purchased (Record Stores/ iTunes transformation), but how we actually listen to music. Pandora Radio has created an amazing technology, which allows users to create and customize their own radio stations that automatically play new and unique songs that cater exactly to the users tastes and interests. Pandora has created a radio station that never plays that bad or annoying song. With Pandora, the user will never have to turn that proverbial …show more content…
In contrast, there exist many intermediaries with the traditional radio business model. Disc Jockeys select the music to broadcast and station managers determine what type of genre and audience to target. With this old way of doing business, satisfying the customer was a never-ending challenge of hit and miss, where ratings were correlated to what was being played. With Pandora, customer satisfaction is inherent in their model. Users create their own stations to listen to, and are constantly customizing stations to tailor to their tastes. The argument can be posited that while Pandora does possess a new high technology and a new way of doing business, the existing technology support network cannot support Pandora—a large portion of radio is listened to people commuting in cars where an internet connection is beyond the normal means of consumers. This is a false assumption. The technology support network is currently undergoing change to meet the demand for internet connectivity anytime, anywhere. Technologies such as 3G and 4G allow devices to connect to the internet anywhere, and Pandora is currently developing players for automobiles, and applications for smart phones have already been developed and launched (Yarrow). Pandora’s effort to allow users to utilize their service anywhere is another genius move of the company (Yarrow). By aligning themselves with the ongoing self-service evolution in
Gone are the days where artist, songwriters, performers, producers and records companies reap full successes of songs through stage performance and radio airplay. Since 1960, a technological evolution has created many changes in how music are made, played and performed. From the era where television and radio was popular with much of its viewers and listeners being the youth to development of the Internet and World Wide Web platforms, music suffered much development. Huge part of these changes was how music was delivered to the audience this time not on the radio or television but on the Internet websites where music
Ask anyone how they listen to music the answer will likely be through any means of easy access at an affordable cost. A study conducted by news outlet Nielsen 's Music 360 claimed, “Americans streamed 164 billion on-demand tracks across audio and video platforms in 2014”. The rapid increase in popularity music streaming platforms are experiencing leaves people wondering what that means for the music industry. When more consumers utilize the on-demand method of entertainment access, how does that translate to the artist being accessed? Astra Taylor contributes to this discussion in her book, “The People’s Platform: Taking Back Power and Culture in the Digital Age”. She lays criticism upon the idea of a more digitized
Ever since the first terrestrial radio broadcast, new technologies have frequently emerged that have tried and tested the durability of radio. As the world’s most widely accessible and most listened to form of mass media out there, the belief is that it may be fading and it is a difficult concept to realize. However, radio itself is not really in the decline, it is simply just developing with new adjustments in technology. But even more advanced than satellite is the opinion of Internet Radio, being able to stream radio over the web effectively anywhere in the world, from a multitude of internet-connected devices. The big question is, will this new form of radio cause a collapse in terrestrial radio?
During my 24-hour recall, I realized some new things about my diet. I was able to analyze and inspect my diet to examine what I was eating, what types of nutrients I was getting. This diet that I recorded for this project very closely resembles what i eat on an everyday basis. I found some very interesting facts that pertained to my diet that were good and then some that needed work and to be altered. I consumed a little more than two cups that is recommended for the fruit group, two and a half cups of vegetables, a little more than three ounces of grains, as well as five ounces of protein. What I noticed was that I consumed the right amount, if not more, for most of the food groups; but I barely have any dairy in my diet. The only time I ate any dairy was when I had a bowl of cereal for breakfast and the cheese that was on my burger. According to choosemyplate.gov, I should be consuming three cups of dairy and I barely have one cup
Their vision is thus to provide music for every moment. To become the number one operating system for the music of the future, and to attract more users to their premium services in order to generate more profit.
This research looks deeper into the mechanics of how a digital music streaming, namely Spotify, works in the music industry. Spotify is a combination of both non-interactive and interactive service, and it is therefore important to understand how this combination model uses different licensing schemes for each in order to avoid any intellectual property right abuse or copyright infringement. The focus for this paper is more based on the economic model of Spotify, which includes how Spotify can be classified as network good, the licensing schemes that Spotify uses, how royalty payment is determined and the effect Spotify has in combating piracy. The growth of Spotify is also discussed in this paper,
times as likely as white children to have had a parent imprisoned. This study allowed us to find out how many people sentenced to life as youth had had a close family member in prison either currently or at some point in their life. More than a quarter of juvenile lifers have had a parent in prison and 59.1% of juvenile lifers have had a close relative in prison. ( Juvenile Lifer, Illinois )Some of these children has to raise by a relative, the welfare system, an agency and some on the street, What this does it is often associated with emotional and behavioral problems to the children, extreme anti social behavior, which leads to violent. Children father that have been incarcerated father express more aggression than other children that
Starry Night by Vincent van Gogh is a lively painting that illustrates the stars, the moon, the night sky, a village, and a tree. Looking at this painting, you can see swirls of various colors, which include shades of blues, greens, yellows, whites, browns, and blacks. The stars are yellow swirls mixed with white and they are placed in the night sky, which consists of blues, greens, and blacks. The moon is depicted as a crescent moon circled by a white ring of swirls in the top right corner of the painting. The brown and black tree is placed in the foreground of the paining. The tree is bare and has many curved and pointed limbs extending toward the sky. The village is placed in the distance and has bits of yellow in the windows, as if people
Pandora has listed markets, where they operate on their website. To the east of the West Europe there are such countries as Lithuania and Estonia. Our natural curiosity points to Latvia, as the only Baltic State where Pandora is not presented yet. There is not so
As a company in the streaming music Industry, it is essential to have a competitive advantage in order to stay in the run. Indeed, a big competition is established between all the companies which are using more or less the same business model. In the streaming music Industry, it is easier for clients to make implicit bargaining. Indeed, the more subscribers a company has, the more music labels will be in
In the music industry, there are several methods of sharing content. Between playing live shows, producing physical records, and now, streaming over music streaming services, artists and musicians from around the world contribute to the entertainment industry each day; however, in light of today’s technological age, more and more content is being shared and consumed through the later. In 2015, music streaming services grew to 317 billion streams, doubling the record amount of streams from the year prior—a figure that is only projected to grow in the years to come (“Nielsen: Music Streams”, 2016). Any consumer with an Internet connection can access these services’ content with
Pandora originally started with a subcription type of business model wherein users must pay $36 per month after they have used up their 10 hours of free access. The original model used was the free trial type. What happened was after the free trial of 10 hours was used up, the customers were unwilling to pay for the subscription fee. Now, the new and current model being used by Pandora is the freemium business model. The new model offered users longer time limit in using their features, which could be used again in the next month and
When wanting to listen to a song today, one no longer has to buy or download a physical copy. In today’s world, streaming has become one of the top ways of retrieving music content. This major change has led to a profound shift for the music industry and its artists. It has developed a continuous conflict that affects the way music is distributed and how artists make a living. Listeners stream music electronically through their computers, phones, cars, and more. Most of these streaming platforms allow for the content to be free, which directs to the question of whether music should be free or not. Streaming is a topic that has presented itself to be a valid issue on whether it ultimately hurts or helps artists and their careers. Streaming has both pros and cons, but in order to aim to figure a possible solution there needs to an examination of the history of the issue, a proper analysis of both sides, and evaluating its importance.
In 2000 the digital music was the next big thing in how consumers listen to music. The technological shift in music changed how the relationship is between the artists, recording companies, promoters and music stores on how they operate today. In the late 90’s and early 2000’s Peer-to-peer (P2P) networks allowed free exchange of music files with companies like Napster and Kazaa was a big step that allowed consumers to store large libraries of music. With the cost of hard drive space going down; it allowed for pocket-sized computers to store more information in a smaller space that open the door for apple to step in with the unveiling of the iPod and iTunes. These systems made it possible for storage and playback that gave consumers the
The "business side of music is struggling to generate enough revenue because of the new technology" ("How the Internet Changed Music."). "Most of the people who are part of making a record are paid in royalties, and anytime music changes hands without money being involved, those royalties can’t be paid—which is why so much has been done in recent years to try and reduce music piracy"("How The Internet Changed Music."). iTunes and Amazon has helped by offering cheap downloads for single songs, which allows the customer to only purchase songs they like rather than the entire album ("How the Internet Changed Music."). Spotify and Pandora, who offer either ad-based or paid subscription streaming of their music libraries, are Internet radio stations which have also helped with the piracy problem ("How The Internet Changed