KVR Audio

simmo75 · Post by **simmo75** » Fri Mar 04, 2022 4:37 am

Epic Games owns Spotify??? Are you sure?
Sounds like a load of floppycock to me!

Edit:I meant Poppycock ...Bloody auto-erect!

arkmabat · Post by **arkmabat** » Fri Mar 04, 2022 4:42 am

Fun DRM times: Download DRM copy. Go on vacation away from wifi. Hit play. Cannot verify. Please re-download. I CAN'T!

Spotify used to be my favorite player but I question the current owners and shareholders. I also question the integrity of the randomized playlists. It used to be different and better.

hma · Post by **hma** » Fri Mar 04, 2022 5:21 am

simmo75 wrote: Fri Mar 04, 2022 4:37 am Epic Games owns Spotify??? Are you sure?
Sounds like a load of floppycock to me!

Edit:I meant Poppycock ...Bloody auto-erect!

https://en.wikipedia.org/wiki/Tencen owns 40% of Epic and 10% of Spotify

whyterabbyt · Post by **whyterabbyt** » Fri Mar 04, 2022 10:45 am

hma wrote: Fri Mar 04, 2022 5:21 am
simmo75 wrote: Fri Mar 04, 2022 4:37 am Epic Games owns Spotify??? Are you sure?
Sounds like a load of floppycock to me!

Edit:I meant Poppycock ...Bloody auto-erect!
https://en.wikipedia.org/wiki/Tencent owns 40% of Epic and 10% of Spotify

which is a completely different thing from Epic owning Spotify.

fixed your link, btw

JamminFool · Post by **JamminFool** » Fri Mar 04, 2022 10:56 am

Spotify is a publicly traded company. Epic does not own them. Epic can own shares of Spotify, but so can you.

whyterabbyt · Post by **whyterabbyt** » Fri Mar 04, 2022 11:02 am

pekbro wrote: Fri Mar 04, 2022 2:45 am Actually Fortnite is small potatoes for Epic I'm told. The Epic guy lives where I work, I never met him as he doesn't golf, but I know his neighbor well. We've talked about him on occasion, apparently they make most of their money off the Military. Epic has a hand in all their simulation tech. So despite the ridiculous amounts of money Fortnite brings in no doubt, seemingly it's nothing against government spending.

That FOAF story is completely at odds with the financial records Epic had to release with regard to their Apple lawsuit. If Epic were making that much of their revenue from the military, everyone would already know about it.

Epic went from a company worth $850 million before Fortnight to a company making billions a year off Fortnight alone (2.5 billion in 2020). It seems to be at least 40% of their gross revenue.

If Epic were making that much money off the military, they would have been making it all along, but all the big press about that dates to Unreal 3 or earlier, even before TenCent started investing heavily.

pekbro · Post by **pekbro** » Fri Mar 04, 2022 12:20 pm

whyterabbyt wrote: Fri Mar 04, 2022 11:02 am
pekbro wrote: Fri Mar 04, 2022 2:45 am Actually Fortnite is small potatoes for Epic I'm told. The Epic guy lives where I work, I never met him as he doesn't golf, but I know his neighbor well. We've talked about him on occasion, apparently they make most of their money off the Military. Epic has a hand in all their simulation tech. So despite the ridiculous amounts of money Fortnite brings in no doubt, seemingly it's nothing against government spending.
That FOAF story is completely at odds with the financial records Epic had to release with regard to their Apple lawsuit. If Epic were making that much of their revenue from the military, everyone would already know about it.

Epic went from a company worth $850 million before Fortnight to a company making billions a year off Fortnight alone (2.5 billion in 2020). It seems to be at least 40% of their gross revenue.

If Epic were making that much money off the military, they would have been making it all along, but all the big press about that dates to Unreal 3 or earlier, even before TenCent started investing heavily.

Of course I don't know the details of it, That's what I hear is all. I can say it's definitely Sweeney
that we were talking about. My friend is not the only one I've heard that from.

whyterabbyt · Post by **whyterabbyt** » Fri Mar 04, 2022 12:26 pm

I always consult the CEO's neighbour when I want to find out about a company's finances.

pekbro · Post by **pekbro** » Fri Mar 04, 2022 12:52 pm

Apparently a company called Torch Technologies licensed the unreal engine for DOD contracts. Just one that I found after a few minutes. God only knows what Sweeney is involved with that isn't listed
under Epic. I know a lot of CEO's interestingly, that's the kind of shit they talk about.

Torch is listed on the Epic site even.

Effectsworks · Post by **Effectsworks** » Fri Mar 04, 2022 1:09 pm

If it goes DRM, I'm sure something else will pop up for artists.

whyterabbyt · Post by **whyterabbyt** » Fri Mar 04, 2022 1:11 pm

pekbro wrote: Fri Mar 04, 2022 12:52 pm Apparently a company called Torch Technologies licensed the unreal engine for DOD contracts.

Not quite the same thing as

apparently they make most of their money off the Military

though.

Especially since anyone can license the unreal engine.

God only knows what Sweeney is involved with that isn't listed under Epic

And yet we're talking about Epic.

But you seem to be really invested in this sort of notion, despite the publically available information, and Im not really interested in the confabulation aspect this is taking on. So that's it for me, Ive said my piece, referred to public documentation, so Im out. You can run with this 'some people are saying' stuff to your hearts' content; protip, you might want to throw in some illuminati lizardman space laser 5G covid stuff for the QAnonistas at home.

pekbro · Post by **pekbro** » Fri Mar 04, 2022 1:32 pm

Sry, I just assumed it was under Epic I was not actually told that. I was told that that was where 'he' makes most of his money is all. Regarding the neighbor thing, who do you think can be the neighbor of a multi-billionaire? Neighbors around here are not regular people. Anyway, whatever, believe it or don't. I know these guys and I tend to believe what they say. But yeah, I can't produce documentation for you sorry.

foosnark · Post by **foosnark** » Fri Mar 04, 2022 1:33 pm

tony10000 wrote: Fri Mar 04, 2022 4:24 am Epic owns Spotify? I don't think that is true.

Yeah, I got that wrong. Tencent is a part owner of Spotify, and Spotify is in the Epic games store.

klavierr · Post by **klavierr** » Mon Mar 07, 2022 3:59 pm

Effectsworks wrote: Fri Mar 04, 2022 1:09 pm If it goes DRM, I'm sure something else will pop up for artists.

This. It's always been a cycle - new service pops up with an open-minded, "Users first" mentality -> service slowly grows in popularity because people enjoy it -> service becomes TOO popular and much too expensive to operate -> service gets bought out by a bigger fish to fund it -> service slowly (or quickly) changes into corporate garbage -> disillusioned users abandon it and go make their own, new service -> rinse and repeat, forever

An alternative will pop up eventually. The problem is, we're all gonna have to sit here and wait until someone comes along with enough willpower and organization and skill to make one.

knownoname · Post by **knownoname** » Mon Mar 14, 2022 2:25 am

klavierr wrote: Mon Mar 07, 2022 3:59 pm
Effectsworks wrote: Fri Mar 04, 2022 1:09 pm If it goes DRM, I'm sure something else will pop up for artists.
This. It's always been a cycle - new service pops up with an open-minded, "Users first" mentality -> service slowly grows in popularity because people enjoy it -> service becomes TOO popular and much too expensive to operate -> service gets bought out by a bigger fish to fund it -> service slowly (or quickly) changes into corporate garbage -> disillusioned users abandon it and go make their own, new service -> rinse and repeat, forever

An alternative will pop up eventually. The problem is, we're all gonna have to sit here and wait until someone comes along with enough willpower and organization and skill to make one.

Would be a real bummer, I use it since years mostly for buying music from less known Australian indie bands that sometimes are not even on the big mainstream services.

RIP Bandcamp