> Spotify doesn’t seem like a monopoly that has pricing power
I'd argue that all music-streaming services have very little pricing power!
Streaming services rely on being an easier/friction-free option as opposed to piracy (or alternatively, buying the copies directly from the musicians).
Your point is still valid though, the competition is still fierce; Amazon, Tidal, Apple.. etc.
I'd argue that all music-streaming services have very little pricing power!
Streaming services rely on being an easier/friction-free option as opposed to piracy (or alternatively, buying the copies directly from the musicians).
Your point is still valid though, the competition is still fierce; Amazon, Tidal, Apple.. etc.