Now that some version of Apple’s iRadio contract terms are available online, we can begin to do some comparisons between the effective rates contained in these terms and those rates paid by Webcasters. In this post, I will (eventually) present some simple tables that adjust Webcaster rates to account for certain affordances in the Apple iRadio contract — specifically those terms through which a stream on iRadio would not trigger a royalty obligation. What we’ll find is that because Webcasters have to pay performance royalties for skipped tracks, while iRadio will…read more
Churn is a topic in its cooling off period at the moment, with Mulligan, Resnikoff, Peoples, Dredge and others contributing a short time ago to a discussion on this issue as applied to new music services. The debate centers on whether the relative proportion of active versus inactive users (so-called zombies) is a good or bad sign for new music services. I think something more important than churn may be taking place as the music services market expands. Essentially, the market grew quickest during a period that likely also offered the highest rate of churn….read more
Rumors now abound as far as the possible launch of an “iRadio” service from Apple (Forbes, Forbes again, the Verge, Cnet, ). Embedded within these rumors are discussions of the rates at which royalties from such a service would be paid. Less discussed in these stories, however, is how these iRadio royalties might be distributed differently — to labels, performing artists, musicians, etc. — as compared to those royalties paid by other providers of radio-like experiences online (e.g., “Webcasters”). A discussion of the difference in how these royalties might be paid is the purpose…read more
Have University incubators already eclipsed business plan competitions in terms of student startup outcomes?
While I do not have formal data on the subject, my sense of the historic landscape would be that university incubators, accelerators, and even startup weekends — relatively recent phenomena — may have already spun out a larger pool of surviving startups than that pool spun out over the entire history of university business plan competitions. If true, than the predominance of “Garages” (my word for incubators) on college campuses may need to be taken far more seriously. There are some people out there who consider incubators a hot trend,…read more
What if startup success might be best modeled and even navigated if it were imagined to be akin to a random walk down Sandhill Road? This question is the one that has recaptured my interest lately. Simply stated, a random walk is a process that can be understood as a series of steps or stages, wherein each stage or step can be described according to some probabilistic set of outcomes (e.g., a coin toss, or a normal distribution). One of the classic examples of a random walk involves mapping the…read more