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This perfectly captures the problem with Spotify’s business. Netflix has the same issue on the video side and is working around it by producing original content
by WisNorCan 9y ago
This perfectly captures the problem with Spotify’s business. Netflix has the same issue on the video side and is working around it by producing original content.
However, music is different than video. With music, Spotify needs a full catalog for a great streaming service. With video, Netflix just needs sufficient compelling content to keep the subscriber from churning.
- CharlesW 9y ago> However, music is different than video and Spotify does not have the same choice. Not only have they been creating more and more original audio content, but they're about to try video content again (their first effort failed) as well. In their mind, music was just their beachhead offering. http://variety.com/2017/digital/news/spotify-lures-courtney-holt-from-disney-for-top-content-job-exclusive-1202546835/ http://variety.com/2017/digital/news/spotify-lures-courtney-...