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> Music streaming is not and will not be a monopoly. People disagree. Spotify more than twice as many subscribers as the next most popular service. That’s not
by Retric 2y ago
> Music streaming is not and will not be a monopoly.
People disagree. Spotify more than twice as many subscribers as the next most popular service. That’s not some stable equilibrium.
That “small” profit is already 1b/year and the quarterly profit has been increasing rapidly. Suggesting it’s only possible that that number will maintain exactly the same or less is just an assumption on your part. The market disagrees.
- saaaaaam 2y agoA lot of the profit has come via a price increase and radical downsizing plus big costs cuts. So whether it can be sustained long term will be interesting.