The price of streaming music subscriptions is a contentious ongoing debate within the industry. Is $10 per month too much or too little. Would twice as many people pay if a subscription were half the price? It's a complex question that the industry has answered badly with pricing that means that a UK subscriber effectively pays twice as much as in the U.S.
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Most recently on MusicThinkTank, we examined how to start a band in NYC, questioned whether there's room for old fashioned values in today's music industry, easy ways to support your favorite artists, and more.
Yesterday we shared UMG's virtual reality series launching with Avenged Sevenfold. Now Abba is reuniting for a VR project. And - you heard it hear first - the Rolling Stones will reunite in 2035 for a one-off "Live From The Nursing Home" to be broadcast live on TV in HD/VR/AR and anything else that's invented between now and then.
As many regular Hypebot readers know, we also publishes MusicThinkTank, the site dubbed "Where The Music Industry Goes To Think." Entirely crowdsourced, the MusicThinkTank community is both lively and supportive, and wants you to contribute your ideas.
Wall Street was not kind to Pandora this week after the music streamer announced its third straight quarterly loss and a second straight quarter of falling active listenership. Turnaround hopes center on the launch of an on demand music streaming service.