The subscription model of buying music is bankrupt. I think you could make available the Second Coming in a subscription model and it might not be successful.
I think, as an industry, we should be supportive of a broad subscription model and not do anything to jeopardize the potential health of the music business - because we're not out of the woods yet.
The cable model is just a better model. Dual revenue stream: advertising-supported and subscription-supported revenues.
HBO is not an advertiser-based model, it's a subscription model. So what's significant to HBO is not necessarily the debut of an episode, it's the cumulative numbers.
We realized the best way to monetize content was through a subscription model.
The new Zune may not be an iPod killer, but it does offer a clean interface, great industrial design, HD radio, and a subscription model for music, making it significantly less expensive for big users.
If you wake up in the morning and your favorite artist isn't on the service that you're paying ten dollars a month for, sooner or later you lose faith in the subscription model.
The addition of Beats will make our music lineup even better, from free streaming with iTunes Radio to a world-class subscription service in Beats, and of course buying music from the iTunes Store as customers have loved to do for years.
A model is a good model if first it interprets a wide range of observations in terms of a simple and elegant model, and second if the model makes definite predictions that can be tested, and possibly falsified, by observation.
Since I'm not a fashion model, there's a limit to how nice I can make myself. I don't regard myself as an ugly person, but I don't think of myself as someone who would choose to be a model. I'm somebody who might be, I'd like to think, a role model for people who want to become lawyers.
The business model for content is to be paid for it. You can be paid for it either though advertising or subscriptions or some new invention, but right now what we've got is advertising revenue and subscription revenue as the only way to be paid for content.
I looked at my family and I said, "I've got a spouse. I've got three kids. There's no way I'm ever buying a music subscription service for the five of us. It's just not going to happen." So we wanted to do something really great for families... It wasn't easy. We had to convince the labels it was in their best interests, too.
I didn't have a role model. My role model was Michael Jordan. Bad role model for an Indian dude... I didn't have anyone who looked like me. And by the time I was old enough to have what could have been a role model, they were my peers. Aziz Ansari is my peer. Kal Penn is my peer.
I'm not saying you can't be successful in the music industry without Spotify. But when I look at the future of music, I don't think scarcity is the model anymore. We have to embrace ubiquity - that music is everywhere.
I think the free market model of commercial trade openness - this model has undoubtedly shown enormous benefits for nations, for those of us that follow this model, of course.
The model a lot of companies use is a very pyramidal model which sort of designates that all creativity, all wisdom flows from the top. We think that's the absolute wrong model.
The old model of the industry was founded largely upon business folk trying to make money off artists. At EMP, we let the music make the money, not the other way around. We have flipped the model to make the artistry be at the forefront of everything we do. Music makes the business and that's what makes it work.