How Spotify Dominates Apple, Google And Amazon In Music
HTML-код
- Опубликовано: 2 июл 2024
- Streaming has become this decade’s preferred way of listening to music. It’s an $11 billion dollar industry, making up 47% of global music industry revenues, and Spotify has become the clear winner globally in terms of paid subscribers. Taking on behemoths like Apple, Amazon and Google, Spotify has dominated the global streaming music industry with about 130 million premium subscribers world-wide. Recently, Spotify secured distribution deals with Joe Rogan and Kim Kardashian West to produce podcasts for the platform. Watch CNBC’s deep-dive into how Spotify started, how it became the audio leader, and where what’s to come next.
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
#CNBC
How Spotify Dominates Apple, Google And Amazon In Music
we all know the main reason Spotify is more successful, because of the default dark themed UI from day 1.
😂😂😂😂
Wish I could choose light mode :(
Sucks for them
Lol
Facts lol
Let’s be honest, no one uses amazon music unless you already had prime.
Even with prime it's interface is so dull it's so basic and there content are less compared to Spotify
I have prime for shopping and stuff and still use Spotify ,just like it better honestly.
I have prime and I still pay for Spotify. It’s just better in my opinion.
I only use it when I have prime and want to have karaoke night with myself.
I have Amazon Music with my prime, but it excludes a lot of songs. If I had a nickel for every time Alexa reminded me that Spotify is a worthwhile investment, I might actually be able to afford Amazon music unlimited.
Spotify looks better, preforms better as an app, doesn’t lag or hitch, great features for playlists and discovery. It’s just a no brainer
I would say the Same to Apple Music. Its prbly a opinion choice
@@edwardhorch9473 Trust me. I'm all appled up. In deep in the eco system and used apple music and it just wasn't great for me. Its good that you can get more out of it than I did though. I just wish I could switch my default music app in my iPhone though lol
James Brocklehurst Apple has better music quality lol
Last month, i wasnt able to continue my subscription to spotify because the app won't let me. Lol, so i tried youtube premium and I like it more now. I can listen to different concerts, and differe t songs that cannot be found in spotify and lastly no more annoying ads when watching yt vids.
in the past I would've agreed. Now, ehhh....
Most importantly, with Spotify you arent just listening to music you like, spotify ui and algorithm allows you to discover music you didnt even know you like.
That's is the thing i love the most. Recommendations for my favorite playlist, real jewels.
Yeah, in that sense Spotify is like google while Apple Music is bing
their recommendations are insanely good
That's why I like it
Even hidden gems get spotlight
Premium Spotify is always money well spent.
Any money spent on music is a waste. Haven’t spent money on music since Fugees - The Score.
Judge Dredd wtf are you talking about you paying for the convenience and high fidelity music. I’ll gladly pay.
Jovanny Rijo I’m talking about stealing music it’s pretty clear.
@@JudgeDredd_ I guess pirating music is pretty difficult if you listen to a large variety of music, this year alone according to my last.fm data(the software I to monitor my music listening patterns) I've streamed around 7,271 different tracks just off Spotify (15,077 total streams if you include repeated songs). .
darkchurchhill Holy crap! Maybe that means I’m not listening to enough new music then. Soundcloud and a couple of different underground channels I follow is pretty much how I find new artists. So I guess I’m just vastly limited since I don’t pay for these services.
Spotify is to music what Netflix is to streaming entertainment.
Right
It entered North Africa 2 years ago
It's still kinda early to announce any sort of victory yet, companies like Amazon and Apple are still far larger in overall presence compared to a company like Spotify, whom number of employees and corporate resources are still "miniscule" compared to their competitors which are giants within their own right.
Same thing with Netflix, whom is currently struggling to churn out successful original contents and intellectual property to boost it's own portfolio, compared to companies like Disney who can easily offer a way more massively impressive number of exclusive content catalog by their own intellectual property ownership alone.
If neither Spotify or Netflix continue to innovate and improve in terms of contents and as a service then they would most certainly become irrelevant within the next decade.
HBO *
Exactly, that's the point. They care about user experience and satisfaction!
The thing that'll also shake up things from spotify, is if they start releasing audio books for the service.
Too much for one app
You can actually find audio books here and there on Spotify. I was able to find all Jane Austen's; just search for "audio book"
@@redi6460 no it's not honestly, audio books would fit perfectly on spotify.
Rishikesh Ingle I don‘t think so. I would love for it to be the one stop solution for all audio related things.
John Lewis a $10 subscription wouldn’t do it tho. They might have to raise it up to $15 if they add audio books, which is risky imo
Future episode: How CNBC Dominated The Mini-Documentary RUclips Scene
Have you seen LEMMiNO’s channel?
@@nahx6205 Vox is the boss in mini doccies
I love Vox
nice
Have you seen ahoy's channel?
The reasons I use Spotify
1.clean ui
2.music quality
3. discover weekly (most important of all)
What's discover weekly?
@@haywoodjblome4768 based on your listening habits, Spotify algorithm creates a playlist for you every Monday,which automatically gets replaced by new ones..
@@rakeshraja6549 thanks
Yes I love the discover weekly. I so not always add every song or really ever but if I can find at least 1 song to add to my library I am happy
Agree with all of these. Used applemusic for 4 years and I think the most difficult holdback for switching was basically having to re-make all the playlists but I'm glad I did.
Honestly I don’t know what I would do without Spotify. I have over 4000 songs sorted into 18 different playlists at the moment based on genre/mood. Spotify for me is probably the most game changing app in my life since I’m always listening to music
It's still kinda early to announce any sort of victory yet, companies like Amazon and Apple are still far larger in overall presence compared to a company like Spotify, whom number of employees and corporate resources are still "miniscule" compared to their competitors which are giants within their own right.
Same thing with Netflix, whom is currently struggling to churn out successful original contents and intellectual property to boost it's own portfolio, compared to companies like Disney who can easily offer a way more massively impressive number of exclusive content catalog by their own intellectual property ownership alone.
If neither Spotify or Netflix continue to innovate and improve in terms of contents and as a service then they would most certainly become irrelevant within the next decade.
Same! i discovered so many artists i wouldn't of
@@jensenraylight8011 Yes and neither of such services will be relevant if they failed to innovate in years to come, that's what people are getting at here, and why more potential investors so reluctant to continuously bet their money into investing into services like Netflix. You are also forgetting there are nothing particularly unique about Netflix or Spotify that can't be directly emulated by other companies in this day and age. If company like Amazon, Apple, Disney, etc. etc. choose to offer a higher quality services with way more content offerings at a way more aggressive pricepoint then services like Spotify and Netflix will be toast because these companies simply cannot afford to undercut it's financially larger competitors especially not in the long run.
@@jensenraylight8011 I have all of them including those of Amazon and Apple that I sign-up for ages ago, your point being? Also you don't seem to understand what people are saying here, nobody is saying that Netflix and Spotify can't win but rather don't bet at them to become relevant for the next few years because right now Netflix and Spotify only saving grace is that they are market leaders and they did everything first and did it right but in the next few few years who knows? Because loads of thing can change in a couple of years especially for tech companies. Currently, Netflix and Spotify are merely paying through their teeth for video and audio contents that are made by other companies/parties in order to attract and retain their customers. Case in point, Netlix only noticeably well-known original IP being Stranger Things, which is like the only massive runaway success for them since their inception, while no other of their original contents have come close or just falling short altogether.
@@jensenraylight8011 And what's a platform without contents? Are you actually implying that a platform can survive just because it have good service and features? Kindly stop talking about stuff you know nothing about.
i rreally want spotify to add lyrics !!! i remember years ago you could see lyrics on the desktop version
Yoooooo same! I remember they had the lyrics!! @spotify please bring back LYRICS!!!?
i have lyrics in my app im on mobile
@@Haiii_itsnanda it's there
i have lyrics since 4 5 months ago lol
@@TheAlessa25 yeah and that comment is from 8 months ago
Let's be glad huge megacorporations like Apple, Google, and Amazon don't dominate the entertainment industries. Spotify owns the music industry, Netflix owns streaming, and Valve owns the gaming industry. Just as it should be.
Ironically Valve is has the highest earnings per employee of any US company.
@@xanpenguin754 that's awesome.
@Nathaniel12345678910 a video game company. Counter-Strike franchise, Dota 2, Half-Life franchise, etc. comes from Valve.
@Nathaniel12345678910 They made steam. I'll elaborate later once I finish taking a dump.
Ok so basically Steam is the main marketplace for games on PC. Unlike Spotify and Netflix, Steam is not a simple thing and is more than just a marketplace. Games, groups, communities, economies, mods, etc. I could go on forever. They're always experimenting and doing a lot. They have done so much that other companies can't do and have grown such a loyal userbase that they have a monopoly. Steam is so influential it pretty much caused the rise of digital entertainment not just for games, but for almost everything. Netflix and other mediums probably wouldn't exist. Did I mention Valve makes 30% of all purchases on Steam? Keep in mind it isn't just games people buy, Steam basically has it's own functional economies. So they're pretty damn rich.
Steam is so beloved by the gaming industry that it is pretty much immune to criticism. They also made Half-Life, Portal, Dota, Counter Strike, Team Fortress, Left 4 Dead, etc. They were one of the most influential companies in the world before Steam was even popular. Kinda changed pop culture not just the gaming industry if I'm being honest. Lots of movies and shows are heavily derivative of Valve's games and their stories.
Valve isn't like Microsoft or Sony with gaming platforms, or Netflix or Spotify. They do whatever they want. They're almost frustratingly mysterious sometimes. They stopped making big games after 2013 or so. Why? Who knows. They do what they want. They're almost always silent. No adverstisements either. It's really weird. Even some of their games have an ominous and such a compelling feel, you see games like Portal 2 and Half Life 2 and it can only be a Valve game.
The only thing I can think of to compare Valve to is Willy Wonka and the Chocolate Factory, very weird company. Quite fascinating. I'm not even a gamer.
Yah but these companies make money off of spotify and netflix. They used Amazon AWS, They pay google play and appstore for the download,
These CNBC mini documentaries have been fantastic this past year
Reality TV for the stock market 😂 I love it though
Right?! I'm addicted
Fact they enjoyable to watch
True
Agreed,infact they should just stop covering politics !
I love the Daily Mixes that Spotify creates for me.
💯💯
Exactly. Apple Music don’t have that
I used to like Spotify....then i got a taste of yt music and i loved it even more
Same, that is what I listen too most of the time. They are usually better than most playlists available.
Freddie Jackson Apple Music does have daily/weekly playlists that shuffle music you’ve listened to/similar to what you like, as well as playlists that introduce you to new music that change every week
I like being able to see stats on the artist and their music.
Cant lie tht and seeing all the credits from production to backing vocals etc they just need lyrics
Will Arroz they do
If Spotify introduced an audiobook section, even just public domain stories, I could see them easily dominating Audible and further expanding from just music.
I saw some audiobooks like 2 weeks ago.
With its Free Tier, Spotify truly 'democratized' music for all, like RUclips did for videos.
True
@@ACasualCustomer also the way they use psychological tricks to suggest users to go premium is very smart. dont wanna pay full price? no problem you can get it for cheaper if you are a student, or if you bundle it and go for the family plan. Then each person just ends up paying like $50 per year. I know I would not go free because i save too much songs onto my playlist and love the platform itself.
TheLostOne Buy an account from a website like $5 for a year. Can also upgrade your own account.
TheLostOne it’s not really a trick. If you look at it that way, All advertisements are a trick. They want you to pay them money. They are a business. So they are going to remind you, that “hey, you aren’t paying us money. You should do that.” It’s pretty much common sense, especially in the adult world. Everyone is fighting to get recognition, to have as many people as possible buy as much as possible, to achieve the greatest PROFIT possible. You learn pretty quick what people’s intentions are, and the smarter a person is, the longer it takes to determine their intention because they know how to hide it. Case and point, Spotify isn’t doing anything wrong bro
@@JohnFKennedy420 tricks was not a good word to use there, but psychology plays a huge part in everyday business. Spotify was never doing anything wrong, instead they are doing everything right as the video has suggested.
Which is why Spotify is winning.
Long time Spotify premium member here. No complaints.
Yeah, I’ve been using it for five years and I agree completely
Been using it since 2012 and haven’t looked back since. My first ever playlist have over 6000 songs now and rising throughout the years!
and this is the reason it’s dominating. it created a fanboy early in the game who have soo much brand loyalty they don’t realize they aren’t getting a less than most music services.
@@JohnDoe-vf3qo which services then
Shamir Fisher Actually, I was a fan of spotify when the pandora era was at its peak. I wasn’t a huge fan of radio-based music streaming apps. Wasn’t fond of ITunes either, it’s all about preference. Back in ‘12 my friend and I didn’t know spotify will becomes this massive streaming platform now
Tidal is just jay Z’s family members pretending to use it.
I actually used it for 4 months because there was a black friday deal - 2,99 per month
@@artemesaulkov2010 oof
Kider Don’t play tidal is in it’s own league. By far the best quality streaming. But it only really matters when you have a really good hifi setup.
HerreDePerre exactly. For example I have sony WH1000MX3 and Tidal supports audio 360
Artem Esaulkov I own the exact same headphones and Tidal is great. Most of the time I just use Apple Music in high settings but when I listen music trough my dad his hifi setup Tidal is king.
Don't forget that Spotify for Students also comes with free Hulu and Showtime. That's a real dealmaker right there.
True
@@antoinecharlesdegaulle580 only avaiable in us
Ad based lol. If you love ads then that’s for you.
I have an IPhone and I use Spotify, I love it! I love their discover weekly playlist.
Jose this is wonderful
@KolTony wait do you use your airpods when you listen to music on your Apple watch?
Spotify wins coz of it’s algorithm and clean uncluttered UI.
It has a beautiful UI forsure
@@lewizzrocks It is just a masterpeice
The modern esque UI and presentation is awe inspiring
It's so clean and satisfying to use
Spotify wins with its multi device seamless syncing, it’s crazy.
I like the fact on Spotify you can find music from all over the world, while Apple Music has very limited foreign language music
chile… i use both services and you have music from all over the world on apple music too
literally the only thing keeping me from switching to apple music is cause spotify does that fun end of the year wrap up thing they do
omg i love that too
If I had Spotify it would of been the same 20 songs for like 5 years
mack I’ve never downloaded Spotify I pirate my music
Apple Music does that too
mack promise you, I don’t have to have someone ask for me to make a comment
Spotify & Netflix is the best things that happened to humanity,
24 hours of Spotify every day makes my life so much better & happier,
I listen to a ton of new incredible artist that I don't even know that they exist
I feel a burst of happiness whenever I found a Great song that I never listened to before
I'm pretty sure Newtons Laws and the Germ Theory beat them
@@BigEats99 okay nerd
@@natep6729 the same laws that allow people like you to use the Internet
I love Spotify's year-in-review.
The only thing that has genuinely appalled me with spotify was when i was recommended a "missed hits" playlist at the end of the year and it was literally just all the songs that lined up perfectly with my interests but they didnt recommend to me all year
"Go back 300 years... in 1901." 8:53
Sounds right do the math.
1901 came after a pause . 😁
@@fobudomhNo, it did not. Unless u paused it yourself.
😂
He's from the future
quick mafs
one big reason is that spottily is available to everyone. they put it on the ps4 on smart tvs etc.
Smart Fridges??
@@takauchinishika4701 there is only tencent music in my smart rice cooker
Nope, not available here in Jamaica 🇯🇲, But AppleMusic and DEEZER Is. For some reason AppleMusic feels so slow on my Google Pixel phone, buffers alot. DEEZER doesn't do that.
For some reason it is not available to Smart TVs of Sony... But it IS available on Sony's PlayStation!
Its even available in teslas
Personally, the biggest selling point with Spotify compared to other streaming brands, specifically Apple music, is the fact that you can connect to it on pretty much any technological device you have. For example, the Spotify and Playstation partnership has added way more subscribers to spotify as you can now play your favourite music while gaming
I feel CNBC has one of the best RUclips team out of all the news houses.
I think it's the user interface that, Spotify has to offer made it a long run player in music streaming industry
always have enjoyed it's dark theme
I agree, I had Spotify but switched to Apple Music and I hated the interface, it was so cumbersome to navigate. So I switched back to Spotify and have been using it since, and I love it. So easy to create and access playlists.
@@TulumToCancun apple music has dark mode I guess
UI is part of it. But also thing they do all the time that adds value to users
Weren't they first to market
Until you mentioned it, I completely forgot that Amazon even had music!
Amazon is that one cocky classmate who puts his finger in everyone's bum just for the sake of it... I try to use the Amazon alternatives as much as possible to keep them away from monopolizing everything...
Amazon music hd has the best streaming quality. Without hd it is slightly worse than apple and spotify
Another great thing about Spotify is that you get music from all around the world in one app only. It's great for people like me who like to listen to music in multiple languages and from different cultures.
I'm suprised spotify hasn't got into audiobooks yet. It seems like they want to be the all around best audio platform
Give them maybe a year or two. Audio books though are honing to be hard to get into.
I saw some like 2 weeks ago.
@@xanpenguin754 yeah. Its just I frankly hate audible since the ui is awful and Amazon doesn't have audible on their own product the fire stick which is frankly ridiculous!
Spotify seems to have a complete music list. Easy to use and flexible functionalities
Spotify is valued at around 55 BILLION Euros while losing 73 MILLION dollars a year. How the hell is this possible?
There's no great competitive advantage. Who the hell wants to listen to radio in 2030? I'd DUMP all your stock now and run.
The dude that commented under here said the exact same thing in another reply, it looks like spam
@@johnlewis8934 Yes, it is spam.
I've been using Spotify for a while and one of the reasons I found their service so good is because of how easy you can find new songs and artists. It makes me happy to find a new artist that isn't famous but makes great music. Unfortunately now I know that these artists aren't being paid fairly by Spotify :(. I hope that will change in the near future, there's nothing more rewarding that knowing that the money from my subscription is going to support small talented artists
they are being paid fare lee thats all over exaggerations
You can make a donation of any amount directly to their profile if they have the COVID-19 donation system enabled :) Spotify do pay poorly
Soundcloud 4 life
@@toby6464 The truth is for indy creators, they are being paid way more than they would've been able to without Spotify or similar. 20 years ago they had no chance of going international or global. Now everyone (aside from China and North Korea) can listen to their music potentially. Their market went from 1 country to 200 countries! Scale > Margin.
Ruma this is a lie... having extra fans with less percentage statistically makes you no real gains. less fans with a higher percentage is better for you in any market because objectively you create a loyal fan base who are willing to help you survive versus the global reach you get now in which one song is all a large global market supports rather than with a small market you are fairly appreciated and gain more money.
The greatest thing about spotify is its playlist curation and algorithm where i find good music in playlists
Spotify is one of the reasons I'm able to branch out my taste in music!
Tencent is a literal copy-paste powerhouse. Even their UI is a copy of Spotify’s UI
that's the first thing I thought when they showed it
What can we expect from these Chinese companies..., they copy everything....
If you go that way everything in pc is copy.
Isn’t Tencent born before Spotify ??
@@vijayshrestha3979 how is everything in a PC a copy?
I can't imagine discontinuing my Spotify subscription. I use it way too much, definitely worth the money you're paying for.
Same, I have it on all day every day.
I’ve never downloaded it before
What happens if Spotify tanks?
@@awookieandagerman Too big to fail. But even if it does, it will get acquired by some big company & we will see another day. And if that doesn't happen as well, then there are always tools for you to move your playlists to other streaming services.
@@shubhamt someday Spotify won't exist and some record somewhere will still play without skipping. That's all I know.
That Discover Weekly Playlist is amazing! I’ve literally discovered my favorite songs and artists from there. I love the crossfade feature, and the equalizer is so good
I have tried EVERY music app that has ever existed since 2002. The only one that I use and pay for is Spotify. They have the best UI; the best recommendations; the best social connectivity; they even tell me when my favorite artist release new music and tour. The ONLY thing missing is a hi-resolution audio option for audiophiles to feel good about ourselves and our gear.
I like Spotify (I even pay for premium on&off), but their main issue as a company is that they're actually not profitable enough...
because of how much they pay out in royalties.
Not yet...
Razor Ultra because of the stock market money.
They don’t pay out enough royalties. Look at any other service.
Apple Music isn't profitable either. They just use the rest of their business to subsidize their music service. Not exactly fair competition (this applies to Amazon and Google as well of course) but that's how it is. Spotify may not be profitable, but investors believe in it, hence why it is still very much alive. Very glad it is as well, someone challenging the giants is good for the consumer in the long run.
They don't pay enough royalties to artists, but they also don't keep enough money for their company. Because of their free version not making as much as their paid version they are just not making enough money in the first place
Spotify is definitely the best
CAN WE JUST SAY THAT YOU CAN NOW EDIT THE COVER PHOTOS FOR YOUR PLAYLIST AND DESCRIPTIONS AS WELL NOW ON YOUR PHONE!!!!!!!!! LIKE ABOUT TIME!!!! AHHHHH
ikr...i create playlists and just add whatever cover I want. its crazyy
I bet pewdiepie watching this and be like
Swedish will take over the world
meanwhile the Finnish once create indestructible phone brand, affordable for all...
Thank you Sweden very cool
Damn, I thought about it too haha
Sweden deserves more appreciation tbh
agree
Spotify! PLEASE add lyrics!
It's already there for 26 Market and will be global soon I guess
But why??? You look at lyrics ONCE and then you're done with them. Just look on genius and be done omg
What? Lyrics are there.
They're available in some places, but I think they'll be adding them everywhere soon enough.
musixmatch + spotify = auto-singing
I stopped pirating music because of spotify. Having all my music on one platform while still supporting the artist even if its seen as not enough is better than me going back to pirating music and not paying a cent
spotify is the only subscription i never consider canceling.
Spotify wins because of their clean UI and a great algorithm. It's easy to find lesser-known artists and their music suggestion works great. Their curated playlists are also on point.
"SoundCloud crying in the background"
@S C No its not.. a lot of music is free on soundcloud, plus off my phone it allows people to usea web browser only to play any song i have on there saved.. while working, as im allowed to stream music with the phone screen off using that method.. youtube and others has ads also unlike soundcloud
Who?
@samruddha tupe perfectly said, true true. also, soundcloud in a mobile broswer like firefox allows adfree, screen off, music listening, nonstop, all day. And often many popular songs are hard but available to save or bookmark, including hour long playlist compilations... beats spotify there big time, no install required at all
@samruddha tupe truth truth
a lot of famous artists now started on soundcloud namely billie eilish, marshmello, post malone, kehlani. it's a good place to start for artists. soundcloud is very different also. it's more like a social media for artists since artists can repost songs comment on songs reply on comments. it helps other artists to go viral like marshmello when he got reposted by skrillex.
just like Netflix, Spotify is for Music & Podcast
currently have around 500 detailed playlists on Spotify. freakin' love it!
Spotify's release radar, discover weekly, and daily mixes are what makes Spotify stand out from its competitors. Not to mention the equalizer controls, user stats, and fun third-party websites that you can use with Spotify that just make it a better experience than any other audio streaming app out there.
Spotify has hands down changed how I listen to music. In the last six years, the only music I bought was Tool because they were still not online. But my horizons have broadened so much because my money isn't at risk by trying out a new artist I might not even like. These services also give new artists much more possibility. Now they don't have to hope they someday get lucky with a record deal or that somebody notices their CD at Starbucks. It's narrowing the field for sure. But that's just too bad for Kanye.
I wonder why Spotify still isn't available in West Africa, it forces people to use Apple Music instead.
It was same case 4 years or so ago in India too, but now its on the playstore finally
RED DEATH true
Apple Music is better anyway
@@bdfwhhsb Why is it better? I can't say which is better because I have only used Spotify and have never used Apple Music. But why do you think it is better?
Græy or Gray It has simpler UI and it’s recommended music selection for you isn’t perfect, but it’s better than pandora and Apple Music.
Who else found themselves watching these non-stop during quarantine???
I was always buying, listening and making playlists on iTunes. Thousands of them. Several years ago my son told me about Spotify. So I downloaded the app and started listening via the free service. A game changer! Literally any song that I wanted to hear, was there. Later we subscribed to the paid service and I started creating stations and playlists on the new to me discovered service. I haven’t purchased a song in years.
Well done CNBC, I do enjoy your documentaries. Great job.
Everyone that works at Starbucks gets premium Spotify for free as a benefit
More of a discount actually, if you check pay stubs, they charge you 😂 but its only 8 instead of 10 🤗
Medardo Palma lol I really did not know that!! They take it from before it even belongs to me at least
I use RUclips Music now. Most of the music and new artists, I like are not on Spotify. Thank you RUclips Premium.
I was Pandora user now i love Spotify
I listened to Spanish n English music
The reason why I choose Spotify over Amazon is because of audio quality.
that makes no sense
Lol! Either you're using a bad earphone or you have bad ears for music.
not only that, their iA for music similarity is far superior to Amazon and AppleM
Apple Music has better audio quality vs Spotify
@@shirool1142 actually it does. I tried it, different apps have enormous differences in their audio quality.
So you are tellling me that before they overcharged music customers for CDs 200% and nobody cared but now the tables have turned and they and they throw a tantrum? Idk I feel the democratization of music is a good thing. In my opinion the blame is in part on the big record studios which also take a big cut (it's an oligopoly Warner, universal and sony)
Without big record studios you won't even meet the half of the music you have. And of course they won't sound the same neither.
The major labels have always been greedy and taken more than their fair share. Now is no exception. They've struck deals with Spotify to stay afloat, and more money goes from Spotify to the suits at the major labels than to the artists they claim to work for, the ones who's product they're selling.
You are right that 20 bucks for a CD is outrageous, and it always has been outrageous. People did care that CDs were overpriced, that's why piracy blew up. If people had remained happy with the price of music, I don't think they would have resorted to searching for low quality mp3 rips online. Then perhaps the advent of streaming wouldn't have been as quick and detrimental to artist. I also think that 20 dollar price stems from the fact that before digital, CDs were considered to be higher quality than vinyl, and vinyl records were around 10 bucks for a new album, maybe 12. It wasn't until iTunes and Napster really made everyone realize that CDs are just the plastic on which the digital music files were stored that CDs were eventually deemed to be worth less than records. Nowadays new vinyl records are around 20 bucks and new CDs are closer to 10, same price as new digital albums on iTunes and Amazon.
@@rlyehdate For sure. Not like half the music I listen to on spotify have ever even touched record labels before these artists gotten big.
Record labels are just there for Artists to make money off concerts and tours. Thats it.
I have been Spotify user for the longest time. I switched to YTMusic recently, best in value. No ads in RUclips nor your music for the same price.
I love Discover Weekly. I find songs that become my anthems for more than a year.
"We want music to be like water, everywhere"
Meanwhile, I can't get Spotify here in Kenya. Deezer rocks
I use Deezer.
I love it!
I live in Nepal and I use VPN and connect to US servers and created my account with US location every 15 days you have to connect with VPN to login but you can stream for 14 days without VPN download spotify from apkpure . Enjoy
Yes you can, simple solutions for that. like a vpn is 1 example
Spotify only came to Russia last week and the population of russia is 147 mil. And there are already bug players on the market here
You can't get water in Kenya too. So technically, Spotify is like water everywhere.
I just tried Apple Music. After 2 hours, I went back to RUclips Music. incomparable
@Luis Velazquez With RUclips Music I can stream albums from my phone on the go without having to pay for it like Spotify Premium. Spotify's free version is limited to desktop only, whereas with RUclips Music I can go jogging while listening to music for no cost at all.
@Anmol Pandey Pandora is God.
i totally agree with you , is switched recently to iphone and the default apps just are a nightmare like the apple music
@Anmol Pandey what? I don't use local MP3 files. I think you misread something.
@Anmol Pandey Free version of Spotify is only available on desktop PC and laptop. You cannot get Spotify on your phone unless you pay for Premium. But you can use RUclips Music for free on your phone without paying anything 😎
Spotify got me as a paid subscriber because of their superior app on every platform and great personalized suggestions. I love the ability to seamlessly switch music from any device to any other without skipping a second.
Thank you Sweden. Very cool!
Spotify is sooooooo much better than Apple music and Amazon Prime
RUclips Music for me. With RUclips Music I can stream albums from my phone on the go without having to pay for it like Spotify Premium. Spotify's free version is limited to desktop only, whereas with RUclips Music I can go jogging while listening to music for no cost at all.
@@dhrgkbqxtjr2743 If you're just listening music, then yes. However spotify has tons more content. They have language lessons and podcasts as mentioned in the video
@@linghan3635 you can get language and podcasts literally anywhere. Streaming music on the go without paying a cent is MUCH more important to me. And YT Music has any video on the app as long as the user tagged it as audio. So podcasts and lyric videos and fan remixes etc are all on the app.
RUclips music gets you youtube premium and extras.. I guess people like watching ads on youtube...
@@Drucio you've got it backwards. RUclips Premium gets you ad-free RUclips Music. RUclips Music on its own can be used for free without paying for Premium.
I remember how I would download from Limewire, burn the tracks into a CD just so I could listen to my favorite music. And my favorite music player is sometimes Windows Media Player or Winamp. My radio is Last.fm. Ahh,..The old days,. I feel so old.
It’s nice to see an independent company (not a Google, Amazon, or Apple) be leaders of an industry. I’m curious if there will be another breakthrough in music listening/streaming that disrupts Spotify‘s growth
I used all major music services and I always come back to Spotify. I feel Spotify knows me and my taste in music better.
Spotify! Make it High-Res!!!!!! Get with it!
Blue thats the most anticipated one
Get tidal
I am watching cnbc videos for so long they’re doing a brilliant job
Tysmmmm
Yeah same it’s like all I watch
Spotify is my longest subscription that I ever did (Still subscribed) 6 years and still going 👌🔥
The student discount got me, then i graduated, then Spotify got me , I'm not mad about it at all
plus now that we have student discounts I get hulu and showtime, i definitely enjoy drowning my sorrows away in my dorm after an all-nighter of writing my research paper.
The real benefit of Spotify premium is that it runs on motherfivkinh visual studio code and the terminal. straight up.
how?
I move to spodify premium because I just got another that it shuffle 🔀 play and now I have spodify for almost 2 years and love it
The Spotify reccommdations are absolutely amazing
I did not know tencent ever had a music streaming service
Same
They partnered (exchange shares) with Spotify on 2017
The US uses Apple music? And you wonder why you have so many problems
We’ve used both Spotify and pandora.... (my boyfriend claims to have all sorts of problems with pandora but I’m not sure if it’s just him or the app)....I listen to Spotify EVERYDAY and they’re great. Can’t imagine my life without it.
I went on a road trip last year to Aussie and Spotify was one of the best music apps ever as I was able to choose any song I wish to blast on the speaker.
Still waiting for the Spotify Hi-Fi and wouldn't mind to pay extra for it.
What's HiFi tho?
@@nafeh9574 Spotify right now uses 320kbps MP3 files, HiFi would be uncompressed CD quality (44.1khz 16bit) or higher. Tidal, Qobuz and Deezer already have this, it's not that hard and would attract a lot of HiFi users.
@@saltysoysauce954 thanks ma man
I remember when all my friends thought I was crazy for paying a subscription for Spotify when it first came out. Now they all pay for a music streaming service
What I love about spotify is that it's so easy to hear new music that I would never have heard on the radio or anywhere else. If I search for music, I'll find the music that I already know I like. But with the way Spotify works, you find so much more that you didn't know even existed.
Spotify has pretty great customer service as well! I had problems with my payment method and their support promptly gave me concise instructions and showed me my options.
"taking on 'bo-hemoths' like Apple, Amazon and Google..." Is this a new hybrid of bohemian and behemoth that is up until now unheard of? Or did this just slip past the grasp of an editor?
Spotify is ❤️
Spotify is very innovative, bringing new ideas over and over again
I was started my music-streaming life with Spotify, then i moved to Joox, Deezer, Langit Musik (Indonesia's local streaming app), RUclips Music. But somehow Spotify manage to hook me more. One of the main reason is how they have lots of good content from their original playlist to podcasts. And also their interface is much friendly for me compare to other apps.
Spotify has the best recommendations for songs. Spotify will always be number one.
I literally got a debit card to get Spotify premium
Congratulations
Ever since I joined Spotify has been a great platform. They know what their audience. They do not feel the need to change their prices on packages. There are many other online subscription-based companies or services, that do feel they need to have the price always increase.
I never been in love of music streaming, always search for music and downloaded (with an old black flag) and that's it. But now i have spotify premium and now, is awesome, find the song, put it in your playlist, download to your phone or not, listen in your work, house or on the bus, still love it.