Business War: Spotify vs Apple Music vs YouTube Music

Last year, the music streaming business grew by a stunning 32% year-on-year with total subscriptions reaching 358 million, according to market research firm Counterpoint Research.
Spotify is a loss-making company, all its competitors, YouTube music, Amazon Music and Apple Music are cash-rich. Who will win this war?

Who are we betting on? What is our prediction? Watch this video till the end to find out.

#Spotify #AppleMusic #YoutubeMusic #thethinkschool

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[ThinkSchool]

Invest in US stocks using IND money app:

Correction : Apple music is also available for Android.

[vaibhavsharma]

If Napster is still watching this, hats off man we got to this just because of you

[mynameiskhan]

Every time he posts a new video, my brain is like: Click it, today you'll learn something new

[parveenjaswal]

Fun fact: Whenever you get an ad from Spotify, just close the app and start it over again . Especially for computer users where they give multiple ads altogether

[adityams]

This guy is gonna single handedly crash spotify shares😂

[mxyznk]

All three will eventually lose if they don't change their strategy. The future is decentralized, where artists connect to listeners directly without any third party in between.
Small artists have already complained about how less they get from Spotify and all the money is mostly eaten by Spotify and their music labels.

[ShubhAdani]

Spotify has a loyal consumer base, and shall stay with them, moreover if price stays competitive.

[bratindas]

As a friend of an upcoming musician, I can tell you YOUTUBE MUSIC can very easily become the best platform if they are opportunistic enough because from both sides, legalities and royalties wouldn't be a mess; as it is with spotify, distributors, copyrights, royalty licensing, and hundred other stuff!!!

[ankitrai]

Not long ago I was in a dilemma and couldn't convince myself to subscribe to Spotify. I'm already a YT Premium and Amazon Prime user. Both come with their music apps. However, Spotify offers two things which are very nice- 1) its algorithm consistently finds songs which I end up enjoying. And 2) cross platform streaming/casting.

[amitnawale]

3 things i learned from this iconic video are..
1. About IND app.. i was really looking for this sort of investments..
2. Importance of Paradigm Shift..
3. Green Tech, Block Chain and Airtifical Intelligence.. as u had mentioned them in your other video as well.

[rajasekhar]

The most important aspect that's missed by the Analyst in the video is, it's hard to move music from one platform to the other. I've been using Spotify for almost four years and all my music and playlists are saved there. There is no way I can easily export all that data to either YouTube music or Apple music. Yes we can search for every song and make our own playlists but that's hard and not a lot of people do it. That's the reason why people don't switch platforms so easily, unless someone solves for interoperability in a very seamless way, Spotify will always have that first mover advantage and get to keep its loyal customer base

[theartofbiz]

If we only consider YouTube Music and Apple Music on its own, they're both very likely to be unprofitable, just like Spotify. This makes sense since they are priced very similarly (in most countries, but definitely in the US - their biggest market). However, since YouTube and Apple can bundle music service into other things (e.g YouTube Premium, Apple One Bundle) AND they sell other hardwares (e.g Google Pixels, iPhones/Macbooks/airpods etc), Google and Apple leverages music streaming to promote their other products and services, and make money from those, instead of having to make money off of music streaming as a standalone product. However, Spotify doesn't have anything to bundle with, so it's actually in a much worse position than Apple and YouTube. I made a video explaining why Spotify has never made a single dime in profits ever in its 16+ years of history, and how Spotify is trying to turn this situation around. Might be Interesting to you.

[MrSingh]

Podcast on Spotify are truly amazing and song recommendations from YoutubeMusic is also awesome.
Let's see how it goes.

[hustlers]

I've Planned for these revolutions you told about and we will take second-mover advantage as I'm seeing Many first movers today

[beactivebehappy]

Spotify be like: chilla chilla ke scheme batta free sabko!!😩😩

[taranyadaw]

Spotify is unique platform for music lovers its UI always best😍

[DrDothraki]

YouTube music deserves a lot of credit too. Those personalised mixes that it makes are on par with Spotify. I’m talking about the premium version though.

[anchalshukla]

I don't know about other countries but in India American companies are not competitive and they lose out easily from Chinese, Korean and even Indian companies. American companies tries to serve rich whereas Chinese, Korean and Indian serve everyone.

[Pravo]

If Napster had brain like Steve jobs then they had won this war.

[vaibhavjain]

I think this guy has given the idea's to YouTube now.😂
YouTube can destroy the market of big gaint streaming platforms even including Netflix, prime because
1. It has the biggest subscriber base.
2.Biggest platform for individual creators with high quality content.
3. YouTube premium content could go to next level with affordable charges thereby decrement in the subscription charges of all other platforms like jio did in telecom sector.
Definitely YouTube has that potential to revolutionize the streaming market.