Overview:
With the recent conclusion of the partnership between TIDAL and Plex, there’s an opportunity for Plex to enhance its music streaming capabilities by developing its own proprietary music service within Plexamp.
This feature would allow Plex Pass subscribers to search for and stream music directly from a comprehensive library, similar to existing platforms like:
TIDAL,
Qobuz,
Spotify,
Apple Music,
YouTube Music,
Deezer,
etc.
while still supporting self-hosted music collections.
Key Features
-
Comprehensive Music Library:
- Develop a vast library of artists, albums, and tracks that users can access through Plexamp.
- Allow users to search, stream, and discover new music seamlessly.
-
Enhanced Search and Discovery:
- Implement advanced search features that allow users to find music by artist, album, track, genre, and more.
- Introduce personalized recommendations and curated playlists to enhance the user experience.
-
Seamless Integration with Self-Hosted Music:
- Maintain support for self-hosted music collections, allowing users to integrate their personal libraries with the new streaming service.
- Offer features like playlist creation and library management that combine both proprietary and self-hosted music.
-
Offline Listening and Downloads:
- Enable users to download tracks for offline listening, ensuring access to music even without an internet connection.
-
High-Quality Audio Streaming:
- Provide high-fidelity audio streaming options, catering to audiophiles and enhancing the overall listening experience.
Pricing Model
- Revised Plex Pass Subscription:
- Consider increasing the Plex Pass subscription fee from $4.99/$5.00 per month to $10.99/$11.00 per month, or even$14.99/15.00.per month.
- This new pricing aligns with other music streaming services and reflects the added value of the proprietary music library.
Benefits
-
Increased Revenue:
- By offering a proprietary music streaming service, Plex can generate additional revenue through higher subscription fees.
-
User Retention and Attraction:
- A comprehensive music service can attract new users and retain existing ones by offering a one-stop solution for both streaming and self-hosted music.
-
Competitive Edge:
- By cutting out third-party services, Plex can offer a unique and integrated music experience that differentiates it from other platforms.
Conclusion
By developing a proprietary music streaming service within Plexamp, Plex can enhance its offering and provide users with a comprehensive and seamless music experience.
This feature not only aligns with current market trends but also leverages Plex’s strengths in media management and streaming, potentially positioning Plex as a leader in the music streaming industry.
