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Does anyone have a feel for why the big three music labels haven’t developed their own music streaming services similar to how large film studios have? I’m certainly not complaining, mind you; it’s nice to be able to listen to a lot of music in one place.

Is music just less vertically integrated? E.g., music publishers don’t own radio stations whereas film and tv publishers typically own tv stations?

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Unlike Movies and TV, music has a much longer long tail.

People care less about availability of old(er) titles on a video streaming service. That's why Netflix is still chugging along, mostly powered by new content alone.

With music it's more complex. While most users are covered by 10k songs or so, you still need to have your Pink Floyds and Beatles and Rolling Stones and Grateful Deads and Luis Armstrongs and... And neither of the Big Three has all of them.

But I wouldn't be surprised if they tried to get into the streaming game.

Wasn't Tidal some sort of semi-industry attempt at dethroning Spotify?

Yeah, I had Tidal in my mind, but was too lazy to check it :)

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