4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP528: Mastermind Q1 2023 w/ Tobias Carlisle and Hari Ramachandra

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Music Streaming Is Just a Tough Business

With 30% Maggertia, Spotify is by a lot of margin, the biggest streaming service in the world. When Spotify launched, they were really at the mercy of the major labels. EMI, Sony Music, Universal, Morning Music Group, together they have more than 85%. So what you see now after Spotify made agreements for all of these labels,. What you see now is that smaller competitors are using to some extent this type of contracts.

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