Clip
The Economics of Spotify and the Future of Music Streaming
52:09 - 53:13 (01:03)
Despite building the best-in-class product and getting everyone to use it, music streaming service Spotify does not have impressive economics as it has to pay the record labels for the rights to deliver music. However, the service is now introducing an upcoming feature that will allow users to create a personalized music station without having to pay the musicians.
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