Friday, June 16, 2017
Although I have always felt that streaming made more sense with video, there seems to be little question that streaming will replace media ownership.
Netflix has risen to dominate video in two decades (the service was started in 1997 with the DVD by mail service and streaming was introduced in 2007).
Will Spotify do the same with music? Although much is made about their current earnings picture (a loss), I wonder what Netflix financials looked like in a similar point in their history.
The change is happening.
Millennials do not seem to want the clutter that we boomers are famous for.
Or maybe they just figure that after I kick the bucket, all of the millennial generation can divvy up my CD collection.