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Spotify And How They Will Make Money In The Future?

Music is Booming, But Spotify Isn’t the Winner

My highlight below …

Spotify is working on ways to improve its negotiating leverage, but these are untested and at a fairly early stage. One option is to move beyond music: The company has made a string of podcasting acquisitions this year. Another is to use its data on customers’ streaming habits as a bargaining chip with labels. The only way the market improves is if we provide them with some value-added services that don’t exist today,” Mr. McCarthy said.”

And there you have it.

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