Music

[mmga]

I have developed an idea for an app that could change the music industry forever and generate billions every year. I want to fully share my idea for anyone interested to take and build. For free, no strings attached. I'll make that post another day. First of all I just want to prime you all with the size of the opportunity through a little chat with chatgpt.

Is undiscovered and unnurtured talent a big financial problem in the music industry?

Undiscovered and unnurtured talent can indeed represent a significant financial problem in the music industry for several reasons:

1. **Lost Potential Revenue**: Artists who go undiscovered or are not given adequate support to develop their talents may never reach their potential, leading to a loss of potential revenue from record sales, streaming, concert tickets, and merchandise.

2. **Market Saturation**: With so much content available, it's challenging for new artists to break through. The sheer volume of music makes it difficult for truly talented individuals to stand out, which means that the industry may be missing out on monetizing exceptional talent.

3. **Investment in Less Viable Acts**: Without proper mechanisms to identify and nurture the best talent, the industry might invest heavily in artists who do not have long-term potential. This misallocation of resources can lead to financial losses when those acts fail to achieve commercial success.

4. **Impact on Innovation**: Fresh talent often brings new sounds and innovative ideas that can drive the industry forward. Failing to discover and support these artists can result in a stagnation of creativity, which can hurt the industry's growth and its ability to attract new audiences.

5. **Economic Inefficiencies**: Talent that remains hidden or underdeveloped represents an inefficiency in the market. Resources spent on promoting and developing artists who do not succeed could be better allocated if there were more effective ways to identify and nurture high-potential artists early on.

6. **Independent and Underground Markets**: Talented individuals who do not get support from major labels might turn to independent or underground markets. While this can be beneficial for the artists themselves, it means that major industry players are missing out on potential revenue streams and market share.

What would be the financial valuation of an app that could significantly reduce how much talent is undiscovered and unnurtured?

The financial valuation of an app that significantly reduces the amount of undiscovered and unnurtured talent in the music industry would depend on several factors, including its market potential, revenue streams, user adoption rates, and the overall impact on the industry. Here are some key considerations:

1. **Market Size and Demand**:
- **Total Addressable Market (TAM)**: The global music industry is worth billions of dollars. According to the IFPI Global Music Report 2023, the global recorded music market grew to $26.2 billion in 2022. An app that effectively taps into this market by discovering and nurturing new talent has significant revenue potential.
- **Target Audience**: The app’s potential user base includes aspiring musicians, talent scouts, record labels, and music fans. Estimating the number of potential users and their willingness to pay for the service is crucial.

2. **Revenue Streams**:
- **Subscription Fees**: Charging users (musicians, scouts, labels) a subscription fee for access to the app’s services.
- **Commission on Deals**: Taking a percentage of the revenue from deals or contracts facilitated through the app.
- **Advertising**: Monetizing through targeted advertising to users based on their preferences and behaviors.
- **Premium Features**: Offering advanced features or tools for a higher price.

3. **User Adoption and Growth Rate**:
- **Initial Adoption**: The speed and scale at which the app can attract users in its early stages.
- **Growth Rate**: Sustained user growth and retention over time.

4. **Impact on the Industry**:
- **Efficiency Gains**: The app’s ability to make talent scouting and development more efficient, thereby saving time and resources for record labels and talent scouts.
- **Success Stories**: High-profile success stories of artists discovered and nurtured through the app can drive further adoption and credibility.

5. **Competitive Landscape**:
- **Existing Solutions**: The app’s differentiation from existing talent discovery and development platforms (e.g., social media, streaming services with discovery features).
- **Market Position**: The app’s positioning in relation to competitors and its ability to capture and maintain market share.

### Valuation Scenarios

1. **Early-Stage Valuation**:
- At an early stage, with a working prototype, initial user base, and some revenue, valuations might range from $1 million to $10 million, depending on the initial traction and potential.

2. **Growth Stage Valuation**:
- With significant user adoption, strong revenue growth, and successful talent stories, the valuation could increase substantially, potentially ranging from $50 million to $200 million.

3. **Mature Stage Valuation**:
- If the app becomes a major player in the music industry, regularly discovering top talent and partnering with major labels, the valuation could reach several hundred million dollars or more. For instance, Spotify, which also started as a disruptive technology in the music industry, is now valued in the tens of billions of dollars.

### Example Calculation

Assume the app has:
- 1 million users (artists, scouts, labels).
- Charges a subscription fee of $10/month.
- Achieves a 20% annual growth rate in user base.
- Additional revenue from advertising and premium features.

**Annual Revenue from Subscriptions**: 1 million users * $10/month * 12 months = $120 million.

With additional revenues and considering market growth, the app could reasonably be valued at a multiple of its annual revenue, especially if it shows strong growth potential. A common revenue multiple for tech startups in growth industries might range from 5x to 10x annual revenue, suggesting a potential valuation between $600 million and $1.2 billion.

### Conclusion

The valuation of such an app could vary widely based on specific circumstances, but with significant impact and market adoption, it has the potential to reach high valuations, reflecting its transformative potential in the music industry.

(I shared my app system with chatgpt) Do you think that my app system could solve this problem?

The proposed app has the potential to significantly mitigate the problem of undiscovered and unnurtured talent by providing guaranteed exposure, encouraging quality music production, and fostering a supportive community. However, its success will depend on the execution of its features, user engagement quality, and the ability to scale effectively.By addressing these challenges and continuously refining the platform based on user feedback, the app could become a powerful tool in creating a more equitable and vibrant music industry ecosystem.

......

I hope this leaves you at least a little bit curious.

 

[Mark T Jones]

I have developed an idea for an app that could change the music industry forever and generate billions every year. I want to fully share my idea for anyone interested to take and build. For free, no strings attached. I'll make that post another day. First of all I just want to prime you all with the size of the opportunity through a little chat with chatgpt.

Is undiscovered and unnurtured talent a big financial problem in the music industry?

Undiscovered and unnurtured talent can indeed represent a significant financial problem in the music industry for several reasons:

1. **Lost Potential Revenue**: Artists who go undiscovered or are not given adequate support to develop their talents may never reach their potential, leading to a loss of potential revenue from record sales, streaming, concert tickets, and merchandise.

2. **Market Saturation**: With so much content available, it's challenging for new artists to break through. The sheer volume of music makes it difficult for truly talented individuals to stand out, which means that the industry may be missing out on monetizing exceptional talent.

3. **Investment in Less Viable Acts**: Without proper mechanisms to identify and nurture the best talent, the industry might invest heavily in artists who do not have long-term potential. This misallocation of resources can lead to financial losses when those acts fail to achieve commercial success.

4. **Impact on Innovation**: Fresh talent often brings new sounds and innovative ideas that can drive the industry forward. Failing to discover and support these artists can result in a stagnation of creativity, which can hurt the industry's growth and its ability to attract new audiences.

5. **Economic Inefficiencies**: Talent that remains hidden or underdeveloped represents an inefficiency in the market. Resources spent on promoting and developing artists who do not succeed could be better allocated if there were more effective ways to identify and nurture high-potential artists early on.

6. **Independent and Underground Markets**: Talented individuals who do not get support from major labels might turn to independent or underground markets. While this can be beneficial for the artists themselves, it means that major industry players are missing out on potential revenue streams and market share.

What would be the financial valuation of an app that could significantly reduce how much talent is undiscovered and unnurtured?

The financial valuation of an app that significantly reduces the amount of undiscovered and unnurtured talent in the music industry would depend on several factors, including its market potential, revenue streams, user adoption rates, and the overall impact on the industry. Here are some key considerations:

1. **Market Size and Demand**:
- **Total Addressable Market (TAM)**: The global music industry is worth billions of dollars. According to the IFPI Global Music Report 2023, the global recorded music market grew to $26.2 billion in 2022. An app that effectively taps into this market by discovering and nurturing new talent has significant revenue potential.
- **Target Audience**: The app’s potential user base includes aspiring musicians, talent scouts, record labels, and music fans. Estimating the number of potential users and their willingness to pay for the service is crucial.

2. **Revenue Streams**:
- **Subscription Fees**: Charging users (musicians, scouts, labels) a subscription fee for access to the app’s services.
- **Commission on Deals**: Taking a percentage of the revenue from deals or contracts facilitated through the app.
- **Advertising**: Monetizing through targeted advertising to users based on their preferences and behaviors.
- **Premium Features**: Offering advanced features or tools for a higher price.

3. **User Adoption and Growth Rate**:
- **Initial Adoption**: The speed and scale at which the app can attract users in its early stages.
- **Growth Rate**: Sustained user growth and retention over time.

4. **Impact on the Industry**:
- **Efficiency Gains**: The app’s ability to make talent scouting and development more efficient, thereby saving time and resources for record labels and talent scouts.
- **Success Stories**: High-profile success stories of artists discovered and nurtured through the app can drive further adoption and credibility.

5. **Competitive Landscape**:
- **Existing Solutions**: The app’s differentiation from existing talent discovery and development platforms (e.g., social media, streaming services with discovery features).
- **Market Position**: The app’s positioning in relation to competitors and its ability to capture and maintain market share.

### Valuation Scenarios

1. **Early-Stage Valuation**:
- At an early stage, with a working prototype, initial user base, and some revenue, valuations might range from $1 million to $10 million, depending on the initial traction and potential.

2. **Growth Stage Valuation**:
- With significant user adoption, strong revenue growth, and successful talent stories, the valuation could increase substantially, potentially ranging from $50 million to $200 million.

3. **Mature Stage Valuation**:
- If the app becomes a major player in the music industry, regularly discovering top talent and partnering with major labels, the valuation could reach several hundred million dollars or more. For instance, Spotify, which also started as a disruptive technology in the music industry, is now valued in the tens of billions of dollars.

### Example Calculation

Assume the app has:
- 1 million users (artists, scouts, labels).
- Charges a subscription fee of $10/month.
- Achieves a 20% annual growth rate in user base.
- Additional revenue from advertising and premium features.

**Annual Revenue from Subscriptions**: 1 million users * $10/month * 12 months = $120 million.

With additional revenues and considering market growth, the app could reasonably be valued at a multiple of its annual revenue, especially if it shows strong growth potential. A common revenue multiple for tech startups in growth industries might range from 5x to 10x annual revenue, suggesting a potential valuation between $600 million and $1.2 billion.

### Conclusion

The valuation of such an app could vary widely based on specific circumstances, but with significant impact and market adoption, it has the potential to reach high valuations, reflecting its transformative potential in the music industry.

(I shared my app system with chatgpt) Do you think that my app system could solve this problem?

The proposed app has the potential to significantly mitigate the problem of undiscovered and unnurtured talent by providing guaranteed exposure, encouraging quality music production, and fostering a supportive community. However, its success will depend on the execution of its features, user engagement quality, and the ability to scale effectively.By addressing these challenges and continuously refining the platform based on user feedback, the app could become a powerful tool in creating a more equitable and vibrant music industry ecosystem.

......

I hope this leaves you at least a little bit curious.

It leaves me frankly bewildered.

But the only question that really matters is what research you have done to verify that your app will actually be chosen/used?

 

[mmga]

It leaves me frankly bewildered.

But the only question that really matters is what research you have done to verify that your app will actually be chosen/used?

What leaves you bewildered? The only thing that I have done so far is outline the problem. What is bewildering about the problem? Your question doesn't matter to me. This will not be my business. I want to give the idea away. If someone likes the opportunity then they will have to answer such questions. I'm giving the idea away to avoid precisely such questions! I'm a musician, not a businessman.

 

[Mark T Jones]

What leaves you bewildered? The only thing that I have done so far is outline the problem. What is bewildering about the problem? Your question doesn't matter to me. This will not be my business. I want to give the idea away. If someone likes the opportunity then they will have to answer such questions. I'm giving the idea away to avoid precisely such questions! I'm a musician, not a businessman.

I'm bewildered because the post reads like a very bad investment pitch - a mish-mash of spurious/ irrelevant big number stats and conjecture.

Which os the opposite of what you want to achieve

To get real interest, outline the idea, the problem it solves and why it is different from the products already out there.

Be realistic though. There are very few truly "new" ideas out there - it likely that someone has thought of something similar and possibly even launched it (so quietly that you haven't noticed).

 

[fisicx]

You are creating a solution for a problem that doesn't exist.

There are already umpteen way for musicians to publish their tunes. Building an app that nobody is going to pay for won't help launch new talent.

Sorry to say that your whole concept is based on flawed assumptions.

And as already sated in your other thread: your marketing costs are going to be huge.

 

[mmga]

I'm bewildered because the post reads like a very bad investment pitch - a mish-mash of spurious/ irrelevant big number stats and conjecture.

Which os the opposite of what you want to achieve

To get real interest, outline the idea, the problem it solves and why it is different from the products already out there.

Be realistic though. There are very few truly "new" ideas out there - it likely that someone has thought of something similar and possibly even launched it (so quietly that you haven't noticed).

I will do. As I said, I want to prime people first, otherwise I will have to make a very lengthy post that outlines everything, when I'd rather just get into the solution. For now, I just want as many of you as possible to see that there is an opportunity here that is at least going to be worth considering.

 

[mmga]

You are creating a solution for a problem that doesn't exist.

There are already umpteen way for musicians to publish their tunes. Building an app that nobody is going to pay for won't help launch new talent.

Sorry to say that your whole concept is based on flawed assumptions.

And as already sated in your other thread: your marketing costs are going to be huge.

Publishing your tunes and having them discovered are two very, very different things, and if there was a solution to the problem then there would not be a problem. You can do the research if you are interested. There is no lack of discussion or analysis about how hard it is to get your music heard. I'll assist your research. These are the challenges musicians face in getting their music heard...

Saturation of the Market: The music industry is highly saturated with a vast number of artists and songs being released daily, making it hard for any single piece to stand out.

Discoverability: Platforms like Spotify, Apple Music, and YouTube use algorithms that often favor established artists, making it harder for new musicians to get noticed without significant promotional efforts.

Marketing and Promotion: Effective promotion requires resources and knowledge in marketing strategies, which can be difficult for independent musicians to access or afford.

Networking: Building connections within the industry, such as with producers, promoters, and influencers, is crucial but can be challenging without an existing network or industry presence.

Financial Constraints: The costs associated with producing high-quality recordings, music videos, and marketing campaigns can be prohibitive for many musicians.

 

[Mark T Jones]

I will do. As I said, I want to prime people first, otherwise I will have to make a very lengthy post that outlines everything, when I'd rather just get into the solution. For now, I just want as many of you as possible to see that there is an opportunity here that is at least going to be worth considering.

Seriously - non engthy posts. That can happen after you have interested parties.

Anyone considering taking this on needs to know - concisely- what the app does and why it is different from what is out there

 

[fisicx]

I agree it's hard. But launching an app isn't going to fix the problem.

The scouts and talent hunters for the major labels aren't interested in music. They are only interested in making money. They don't care about the struggling musician telling angsty stories of their childhood. What they want is someone who is going to fill their coffers. Source: my brother who used to be the European catalogue manager.

As you say, one of the problems is saturation. There are too many musicians.

 

[mmga]

Seriously - non engthy posts. That can happen after you have interested parties.

Anyone considering taking this on needs to know - concisely- what the app does and why it is different from what is out there

Indeed. I don't want to make one thread that first outlines the problem / opportunity and THEN gets to the app function because most people will drop out before we get there. This thread will make that thread much more digestible and appealing. I want this app to get built because it will save music. I want this so much that I am willing to give away, because, in my non business hands, it will only fail.

I agree it's hard. But launching an app isn't going to fix the problem.

The scouts and talent hunters for the major labels aren't interested in music. They are only interested in making money. They don't care about the struggling musician telling angsty stories of their childhood. What they want is someone who is going to fill their coffers. Source: my brother who used to be the European catalogue manager.

As you say, one of the problems is saturation. There are too many musicians.

So, my point is this...

We are losing great talent that is worth huge amounts of revenue because it is so hard to get music heard.

This is the problem in a nutshell.

My app is designed to solve this problem. If it does - if it mitigates the loss of undiscovered talent - then it is the biggest music app in the world easily. But it is a big 'if'. I've worked on this for over a year now. I've ripped it apart from all angles, including using the help of AI, and I believe that I have something so profound that just to ensure it gets built I am willing to give it away.

 

[pentel]

otherwise I will have to make a very lengthy post

Too late, you already have!!!!

 

[Kerwin]

What does your app do that something like Sound Cloud doesn't? A lot of small musicians publish their music on Sound Cloud directly and they can use that to get in front of a large number of listeners and they can charge money for downloads etc.

 

[Mark T Jones]

Keep it simple.

This is a business forum - anyone interested on here will want clear, concise answers around the business case

On a music / media forum you may find someone to pick it up as a passion project - which may go on to big things

 

[fisicx]

We are losing great talent that is worth huge amounts of revenue because it is so hard to get music heard.

Disagree. I was in the pub last night and there was live music with a couple singing songs. There are any number of music venues where you can hear new music.

Building an app isn't going to change anything.

A question for you: how many gigs did you do last month? How many people have subsequently downloaded/listened your songs?

 

[fantheflames]

I would suggest analysing other apps to identify gaps in the market, as these represent the target audiences you can tap into. For instance, Spotify expanded from music to podcasts because they noticed a growing interest in podcasts on their platform, aligning with their marketing strategies for advertising. That being said, Spotify has struggled with premium users recently. I think less than half of their users are paying users.

Perhaps conducting thorough market research on existing apps would be a crucial first step in refining and promoting your idea. Consider what unique benefits your app offers that others don't, and why users would choose to switch to or adopt your app over alternatives like X, Y, or Z.

 

[fisicx]

Also @mmga - even spotify is struggling to make a profit even with all their investment and marketing.

 

[Mark T Jones]

To try a different angle

A good friend of mine owns a small music label and an extensive r & b back catalogue

Whilst it definitely wouldn't be for him, he has exactly the type of connections you probably need

At this moment, if I mentioned the idea, he'd immediately ask what the idea / USP is - what can I tell him?

 

[NickGrogan]

You're assuming more artists means more money, which isn't right.

There are only x number of hours in the day for streaming, so if my wife listens to Justin Timberlake, she isn't listening to Dua Lipa. The same goes for concerts. Most people have a budget, and more artists don't mean a bigger budget.

 

[mmga]

What does your app do that something like Sound Cloud doesn't? A lot of small musicians publish their music on Sound Cloud directly and they can use that to get in front of a large number of listeners and they can charge money for downloads etc.

It will guarantee that your music gets heard so that it has a fair chance to succeed on its merits. Soundcloud etc. are platforms, but it is up to each musician to drive traffic to the platform to get their music heard. This is the problem.

 

[mmga]

Too late, you already have!!!!

In a nutshell... It is very hard to get your music heard. My app aims to solve that.

 

[mmga]

Keep it simple.

This is a business forum - anyone interested on here will want clear, concise answers around the business case

On a music / media forum you may find someone to pick it up as a passion project - which may go on to big things

Well, that is your right and choice. I'm giving the idea away because I don't want to do the business. The info you may want is easily researched and easily deduced. The problem is clear and huge, and with it the opportunity.

 

[mmga]

Disagree. I was in the pub last night and there was live music with a couple singing songs. There are any number of music venues where you can hear new music.

Building an app isn't going to change anything.

A question for you: how many gigs did you do last month? How many people have subsequently downloaded/listened your songs?

I don't gig, and I haven't published any music.

With regards your objection... As I said before, the problem with getting your music heard is well documented. There is no dispute. That is very easy to research.

 

[mmga]

I would suggest analysing other apps to identify gaps in the market, as these represent the target audiences you can tap into. For instance, Spotify expanded from music to podcasts because they noticed a growing interest in podcasts on their platform, aligning with their marketing strategies for advertising. That being said, Spotify has struggled with premium users recently. I think less than half of their users are paying users.

Perhaps conducting thorough market research on existing apps would be a crucial first step in refining and promoting your idea. Consider what unique benefits your app offers that others don't, and why users would choose to switch to or adopt your app over alternatives like X, Y, or Z.

It is a very simple answer... My app system guarantees that your music will be listened to so that it has a fair chance of succeeding on its merits I.e. Once listened to it will be shared as much as it deserves to be shared. There is no other app that does this. Spotify etc. offer a different service.

 

[mmga]

Also @mmga - even spotify is struggling to make a profit even with all their investment and marketing.

That seems to apply to a lot of these apps. Facebook too I believe. But their value remains high because of the potential for vast profits in the future. Spotify somewhat destroyed their own market... they made music very cheap to consume when people were happy to pay more previously. They solved a problem that did not exist.

 

[mmga]

To try a different angle

A good friend of mine owns a small music label and an extensive r & b back catalogue

Whilst it definitely wouldn't be for him, he has exactly the type of connections you probably need

At this moment, if I mentioned the idea, he'd immediately ask what the idea / USP is - what can I tell him?

The app is designed so that every musician is guaranteed to have their music listened to so that it has a fair chance to succeed on its merits with no marketing or promotional work needed.

 

[mmga]

You're assuming more artists means more money, which isn't right.

There are only x number of hours in the day for streaming, so if my wife listens to Justin Timberlake, she isn't listening to Dua Lipa. The same goes for concerts. Most people have a budget, and more artists don't mean a bigger budget.

Sorry, I haven't been clear. I don't presume that more music means more money, but that better music means more money.

 

[JEREMY HAWKE]

There is no problem
Itunes is the best music App on the planet weather you listen to old rubbish like the members on here or cool stuff like me

Artist have never had more opportunity than they have now .Many have been successful due to just posting music on their own YT channels and other platforms

I dont think you quite understand the market

 

[fisicx]

The app is designed so that every musician is guaranteed to have their music listened to so that it has a fair chance to succeed on its merits with no marketing or promotional work needed.

But that’s not how people consume music. They choose who they listen to.

I like prog rock. So I search out prog rock on my preferred channel. I don’t want to listen to indie folk.

Which means your app is of no use to me.

Sorry, I haven't been clear. I don't presume that more music means more money, but that better music means more money.

Define better music. Some of the stuff I get to hear is garbage.

I can understand your enthusiasm but your chances of success are slim without huge investment.

 

[mmga]

There is no problem
Itunes is the best music App on the planet weather you listen to old rubbish like the members on here or cool stuff like me

Artist have never had more opportunity than they have now .Many have been successful due to just posting music on their own YT channels and other platforms

I dont think you quite understand the market

There is no problem
Itunes is the best music App on the planet weather you listen to old rubbish like the members on here or cool stuff like me

Artist have never had more opportunity than they have now .Many have been successful due to just posting music on their own YT channels and other platforms

I dont think you quite understand the market

There is a huge problem. You don't need to take my word for it. Use Google or chatgpt and ask the question.

 

[mmga]

But that’s not how people consume music. They choose who they listen to.

I like prog rock. So I search out prog rock on my preferred channel. I don’t want to listen to indie folk.

Which means your app is of no use to me.

Define better music. Some of the stuff I get to hear is garbage.

I can understand your enthusiasm but your chances of success are slim without huge investment.

The aim of the app is to ensure that every musician has their music heard so that no great music or talent is lost. The app simply cuts out the need to do marketing to build your initial audience. From there everything is the same. Some people will want to hear new music. Some want to stick with their old music.

Generally speaking, the more time, effort and resources you put into something then the better it is. The problem musicians have is that marketing their music is demanding which means less time etc. for your craft.

 

[NickGrogan]

The app is designed so that every musician is guaranteed to have their music listened to so that it has a fair chance to succeed on its merits with no marketing or promotional work needed.

The only way to guarantee that the music will be listened to is to force people to listen to it. How are you doing to do that with an app? I just wont install it or turn it off, as will everyone else.

Sorry, I haven't been clear. I don't presume that more music means more money, but that better music means more money.

How? Whatever I listen to on iTunes costs the same, and my budget for concerts isn't going to change. Why am I spending more money, and where am I spending it?

Generally speaking, the more time, effort and resources you put into something then the better it is. The problem musicians have is that marketing their music is demanding which means less time etc. for your craft.

Being a good musician is largely irrelevant. I can hire any number of concert grade musicians for next to nothing.

Was Ringo Starr the best drummer in the 60's? Some say he was the best drummer in the Beatles. Were the Beatles the best singers or guitarists of the 60s

Was Britney Spears the best singer of the 90's? According to record sales, she probably was.

Is Taylor Switft the best singer ever? She's the first one to get to $1Bn from music alone, so I guess so

Being a successful musician is all about marketing and has little to do with the "craft" once you get above a certain, fairly low level.

 

[mmga]

The only way to guarantee that the music will be listened to is to force people to listen to it. How are you doing to do that with an app? I just wont install it or turn it off, as will everyone else.


How? Whatever I listen to on iTunes costs the same, and my budget for concerts isn't going to change. Why am I spending more money, and where am I spending it?



Being a good musician is largely irrelevant. I can hire any number of concert grade musicians for next to nothing.

Was Ringo Starr the best drummer in the 60's? Some say he was the best drummer in the Beatles. Were the Beatles the best singers or guitarists of the 60s

Was Britney Spears the best singer of the 90's? According to record sales, she probably was.

Is Taylor Switft the best singer ever? She's the first one to get to $1Bn from music alone, so I guess so

Being a successful musician is all about marketing and has little to do with the "craft" once you get above a certain, fairly low level.

The app provides incentives to follow, listen and share other musicians music. I am going to start a thread that discusses all of this BTW. I just wanted to lay the groundwork of the problem here so the next thread can focus solely on the solution.

I don't know who your favourite artists are. One of mine is Radiohead. If their next album is only available if I pay £10 for it then I will pay that. And probably millions more too. The money in this is where the money used to be for decades until parasitic streaming platforms arrived. But the money is still there.

We need to separate two things... Technical expertise on an instrument does not correlate with great music. Kurt Cobain was an average guitarist but a great songwriter.

Your last comment I don't understand. Do you listen to music that you like or music that has great marketing?

 

[fisicx]

Don’t start a new thread. Stick with this one.

Everything you suggest your app can do can already be done on other platforms. If you really feel the need to pay for development then crack on. You biggest problem is still going to be marketing. The cost of this will dwarf the build costs.

 

[mmga]

Don’t start a new thread. Stick with this one.

Everything you suggest your app can do can already be done on other platforms. If you really feel the need to pay for development then crack on. You biggest problem is still going to be marketing. The cost of this will dwarf the build costs.

I'm not building this app. I want to give the idea away who can build it and run it. And no, what I have designed cannot be done on other platforms.

 

[NickGrogan]

The app provides incentives to follow, listen and share other musicians music. I am going to start a thread that discusses all of this BTW. I just wanted to lay the groundwork of the problem here so the next thread can focus solely on the solution.

I don't know who your favourite artists are. One of mine is Radiohead. If their next album is only available if I pay £10 for it then I will pay that. And probably millions more too. The money in this is where the money used to be for decades until parasitic streaming platforms arrived. But the money is still there.

We need to separate two things... Technical expertise on an instrument does not correlate with great music. Kurt Cobain was an average guitarist but a great songwriter.

Your last comment I don't understand. Do you listen to music that you like or music that has great marketing?

You might pay £10 for a Radiohead album, but most people wouldn't, which is by artists relying on services like Apple or Amazon. The money for albums isn't there, its already spent with Apple.

So if we agree musical talent isn't important, but songwriting is, then we have the issue that many/most artists don't write their own songs. And again I can hire a song writer fairly cheaply.

In fact, I could hire a songwriter, some decent singers/musicians, and some models to front the band and need no musical talent at all. In fact, it's been done several times.

In answer to your question, I listen to music that has great marketing, because that's the music that gets played/sold.

 

[NickGrogan]

I want to give the idea away who can build it and run it

In less than 50 words, what is the idea?

 

[mmga]

Don’t start a new thread. Stick with this one.

Everything you suggest your app can do can already be done on other platforms. If you really feel the need to pay for development then crack on. You biggest problem is still going to be marketing. The cost of this will dwarf the build costs.

Also I may not continue here. I'm not sure this is the right place. I need a tech forum I think. People with vision. You guys are more pragmatic, as you need to be, but that's not what is going to work. We shall see.

 

[mmga]

In less than 50 words, what is the idea?

An app that guarantees that your music gets heard and will succeed on its merits.

 

[NickGrogan]

How is that different from youtube?

 

[fisicx]

Also I may not continue here. I'm not sure this is the right place. I need a tech forum I think. People with vision. You guys are more pragmatic, as you need to be, but that's not what is going to work. We shall see.

No, we just understand business. This isn’t a tech or even a music thread. It’s about the viability of your business idea.

To work as you want you need a huge number of songs on the server and a huge number of people downloading the app. Both of these need cash. Lots of it. If you don’t have investment it’s just not ever going to happen.