One Clear Casualty of the Streaming Wars: Profit

When the distribution technology changed with the internet, there was going to be the great unwind, and then the great rebundle, in the form of Google and Facebook and Twitter and all these new bundles. I think music is a great example of that. It made sense in the LP and CD era to put eight or 10 or 12 or 15 songs on a disc and press the disc and ... See more

And, of course, the margin differential means that ad revenue that’s a small percentage of the top line might have much larger impact on the bottom line. At least, until everyone else tries the same…