I dont care "how" and why should I? If your business model is to pay as little as humanly possible for your content and you still cant make $ then that says it all doesnt it? They are never going to make $ and IMO they never planned on making $. Its the classic IPO money grab.How? They are losing money.
Unless you are asleep at the wheel you have seen this A LOT in the past 20 years or so:How does this business model work?
I see.Unless you are asleep at the wheel you have seen this A LOT in the past 20 years or so:
- Play up an idea, get backers to give you $
- Promise profits and get a bunch of people to invest more $ in your company by buying stock
- You get a major windfall of $ on the stock and then you never turn a profit and you go bankrupt then all the major first line of investors still walk away rich as hell
Exactly, and this is why I think these photos are resonating so much with artists I know. Pandora fought to have royalty rates lowered, claiming it was the only way to make their business model profitable. Yet these photos show a very different story. There's money being made, but it's not going into the pockets of the creators.Paychecks definitely, but I don't know a single independent artist who doesn't have a strong opinion on Pandora and other streaming services.
of course, the attitude so well-expressed by that original design is more than amply maintained by Pandora's actions as a business.The original lobby design had a fountain with a statue of the CEO walking over and urinating on musicians while laughing maniacally.
In the end they decided it might be a bit tacky.
but, well..... it happens less than matters.I was listening to a Pandora station the other day when an amazing cover of I Still Miss Someone by Darrell Scott came on.
I instantly went to Itunes and bought the album.
This happens more than the "Haterz" of Pandora want to believe.
Artists tend to be emotional and looking and pictures and getting righteously indignant is an emotional reaction.Exactly, and this is why I think these photos are resonating so much with artists I know.
That's a great analogy for how awful it looks, and how awful it must be to work there!they call it Workspace 2.0 where i work. It's kinda like Ikea and Apple had a baby.