diving into Tencent Music's IPO filing, and one huge takeaway for me—which I've sensed from Asia's wider entertainment-tech scene too—is that Spotify's long-term vision of a "two-sided marketplace" for artists and fans on streaming has already been happening in Asia for years.

AND GET THIS: In Q2'18, "social entertainment services" (e.g. virtual gifts, tipping) accounted for 70.4% of Tencent Music's revenue—but only 9.5M users out of 800M total paid for those services. this means that 1.2% of Tencent Music's users accounted for over 70% of its revenue.
^^those sound more like the stats for a mobile free-to-play gaming app, not like your standard music subscription service as we know it today. says a lot about where the future of music consumption may be going...

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Hardcore Year Sep results

Goal $1000 MRR:
▓▓▓░░░░░░░░░░░░░ 18%

7 month passed

Details in this thread 👇

📈 Toral MRR: $185

- Sheet2Site: $127
- DarkModeList: $10
- Patreon: $48

💵 Total Gross Revenue: $445

- MacBook Alarm (Pre-sales): $65
- ProgressBarOSX: $70
- MakeOSXGreat: $30
- Sheet2Site: $220
- DarkModeList: $10
- Patreon + PayPal: $50

🎬 Made and launched a video for 🚨
https://t.co/DHOtIvITtW pre-sales

- Video views: 8800
- Sales page visits: 856
- Pre-sales: 13

I haven't done pre-sales before so was scared to do it.

Yes, I keep doing single time payment apps instead of subscription, becuase this is a bast idea at the moment. To avoid procrastination and wait, I'm making things that seem good enough to myself.

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