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But what if I want a faster horse?

(rakhim.exotext.com)
1525 points saeedesmaili | 1 comments | 11 Apr 25 11:39 UTC | HN request time: 0.208s | source
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jedberg ◴[11 Apr 25 17:18 UTC] No.43656189[source]▶
OPs specific complaints about Netflix and Spotify are mostly a result of their success. Back in 2012 Netflix had a lot of movies because Hollywood didn't value streaming and were willing to sell the streaming right for most of their content for tiny amounts of money. And there were no other streamer.

Spotify is in a similar boat. The music companies didn't value streaming and were willing to sell their entire catalog to the one player in the ecosystem (or in the case of music, to everyone for the same low price)

But also, personalization actually drives a ton of revenue. When I worked at Netflix, when the recommendation system went down and we defaulted to curated lists, streaming would drop 20%. And that was in 2013. I can only imagine what the drop is today when that system goes down.

Personalization drives a ton of revenue, and TikTok is the best at it, so it's no surprise that OP sees everything "going to TikTok"

replies(1): >>43656585 #
1. tobr ◴[11 Apr 25 17:59 UTC] No.43656585[source]▶
Weren’t the big record labels terrified that streaming would cannibalize CD sales? I think it was a pretty huge thing that Spotify got them onboard at all. I’m not sure how much that matters to your overall point but saying they ”didn’t value streaming” doesn’t seem quite right with how I remember the discussion at the time - they were afraid of it because they could see its value, and how that might disrupt their lucrative plastic disc business.