Ben Sisario interviewed Apple’s Jimmy Iovine who delivered the problem all streaming music systems have.
Streaming music services are utilities — they’re all the same. Look at what’s working in video. Disney has nothing but original stuff. Netflix has tons of original stuff. But the music streaming services are all the same, and that’s a problem.
What happens when something is commoditized is that it becomes a war of price. If you can get the exact same thing next door cheaper, somebody is going to enter this game and just lower the price.
Nobody is making any money in the streaming music business so who wins?