People often use Netflix as a parallel to reason about Spotify and circumventing labels.
But it is a bad comparison. Start with the consumer and work back.
Consumers expect their music streaming service to have any song they are looking for. For video they don’t have the same expectation.
Music has a greater element of “I want to listen to this particular song/album because it is my favorite”. Video is more about “I want to find something new to watch”.
That fundamentally changes the value of having a complete catalog in music and puts Spotify in a weaker spot relative to Netflix.
But it is a bad comparison. Start with the consumer and work back.
Consumers expect their music streaming service to have any song they are looking for. For video they don’t have the same expectation.
Music has a greater element of “I want to listen to this particular song/album because it is my favorite”. Video is more about “I want to find something new to watch”.
That fundamentally changes the value of having a complete catalog in music and puts Spotify in a weaker spot relative to Netflix.