Spotify owns 50% of Tencent Music (pretty much Chinese Spotify). Tencent owns 20% of Universal Music Group, and a few percent of Warner Music as well. They're

Spotify owns 50% of Tencent Music (pretty much Chinese Spotify). Tencent owns 20% of Universal Music Group, and a few percent of Warner Music as well. They're all connected; you have that illusion of choice, and no matter what you pick, everyone wins (yay)!