Is There a Place for User Generated Audio in the Market?

Spotify and apple music have been able to maintain their position in the market for a number of reasons. The groups that have power in music haven't changed, so they're controlled by folks that have a vested interest in maintaining their current position. But i think ats the sea change that's coming, is that the labels are a lot smarter than people like to give them credit for. I think spotifies grat for for that user rightin. And that's why don't really see ourselves as competing with that.