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Why Spotify Won’t Be the Netflix of Music
Keywords: Spotify,
Spotify is in the same position as Netflix in 2011 with its margins restricted by the fact that most of the major TV content was controlled by a few companies. It broke out of this with its own TV series "House of Cards." The gross margin at Spotify is at 24.5% but it will be hard to bring it up because Spotify is dealing with a few producers of music for licensing deals, the big 3 and Merlin controlling 87% of songs streamed.
Competitor Apple Music has the deep pockets to offer music subscriptions on plans that are minimal cost in the first year. This puts pressure on Spotify with monthly subscriptions dropping to $6.55 or 5.32 euros in 2017 from 6.84 euros in 2015. This pressure on pricing from Apple Music will only grow. Spotify meanwhile has not made profit since its founding.
Spotify music streaming service startup performance
05/21/2014
Grouped Articles
Spotify Hits 10 Million Subscribers, a Milestone
New York Times 05/21/2014
Spotify Says Its List of Subscribers Has Grown to 15 Million
New York Times 01/12/2015
Spotify Raises $1 Billion in Debt Financing
Wall Street Journal 03/30/2016
Why Spotify Won’t Be the Netflix of Music
WSJ 03/06/2018
Spotify Is Acquiring Pair of Podcasting Companies, Signaling Broad Ambitions
WSJ 02/06/2019
Spotify fund raising
03/30/2016
Grouped Articles
Spotify Raises $1 Billion in Debt Financing
Wall Street Journal 03/30/2016
Why Spotify Won’t Be the Netflix of Music
WSJ 03/06/2018
Spotify management
05/21/2014
Grouped Articles
Spotify Hits 10 Million Subscribers, a Milestone
New York Times 05/21/2014
Spotify Says Its List of Subscribers Has Grown to 15 Million
New York Times 01/12/2015
Spotify Raises $1 Billion in Debt Financing
Wall Street Journal 03/30/2016
Why Spotify Won’t Be the Netflix of Music
WSJ 03/06/2018
Spotify Is Acquiring Pair of Podcasting Companies, Signaling Broad Ambitions
WSJ 02/06/2019
Spotify strategies
05/21/2014
Grouped Articles
Spotify Hits 10 Million Subscribers, a Milestone
New York Times 05/21/2014
Spotify Says Its List of Subscribers Has Grown to 15 Million
New York Times 01/12/2015
Spotify Raises $1 Billion in Debt Financing
Wall Street Journal 03/30/2016
Why Spotify Won’t Be the Netflix of Music
WSJ 03/06/2018
Spotify Is Acquiring Pair of Podcasting Companies, Signaling Broad Ambitions
WSJ 02/06/2019
Internet company valuations in 2012-2013 reach the levels of tech startups before the bubble burst in 2000-2001
05/20/2011
A huge jump in internet valuations is recorded by May 2012, for companies such as Facebook, Instagram, Pinterest, Spotify and others, similiar to the frenzied levels fefore the burst of the tech bubble in 2000-2001. Once again IPO bubble behaviour is taking place in 2012-2013.
Grouped Articles
Eventbrite Funding Slows Its IPO Chase
Wall Street Journal 04/22/2013
Wall Street Journal 05/20/2013
Facebook Flirts With $38 IPO Price
Wall Street Journal 08/01/2013
Priceline Travels Road Back to High Hit in Dotcom Era
Wall Street Journal 08/09/2013
In Latest IPOs, Profits Aren't the Point
Wall Street Journal 10/10/2013
Wall Street Journal 11/17/2013
Spotify and the competition from Apple Music
03/06/2018
Grouped Articles
Why Spotify Won’t Be the Netflix of Music
WSJ 03/06/2018
Spotify Is Acquiring Pair of Podcasting Companies, Signaling Broad Ambitions
WSJ 02/06/2019
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