Google recently started aggressively marketing Youtube Red. When you watch a youtube video, a small popup asks if you want an ad-free experience, consider upgrading .. This is worrying as Spotify has no moat. Youtube Red is definitely a better value as you ad-free + offline youtube with music. I am a paying Spotify customer and if they improve their client, I might jump ship.
For me, Spotify's moat is the music that keeps on playing when I lock my phone.
Spotify preps to go public with 60M subscribers
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Re: Spotify preps to go public with 60M subscribers
#42Google recently started aggressively marketing Youtube Red. When you watch a youtube video, a small popup asks if you want an ad-free experience, consider upgrading .. This is worrying as Spotify has no moat. Youtube Red is definitely a better value as you ad-free + offline youtube with music. I am a paying Spotify customer and if they improve their client, I might jump ship.
For me, Spotify's moat is the music that keeps on playing when I lock my phone.
That being said, I'm a Spotify subscriber, because its apps are the best.
Re: Spotify preps to go public with 60M subscribers
#43Nice. Maybe they can purchase SoundCloud with the IPO proceeds.
Re: Spotify preps to go public with 60M subscribers
#44Earlier quoted context omitted.
Maybe elfchief doesn't want chord.wav to play on the hi-fi system, so doesn't set the DAC as the default device
Pretty much this. I have a pair of studio monitors set up for music and tuned for music. Game audio and random youtube videos don't sound so great with that setup, so I don't want it to be my default. Sure, I could change the default every time I fire up Spotify, but that's annoying and I really shouldn't have to do it -- this kind of setup is not that unusual for music lovers, and it's not a difficult feature to add…
Re: Spotify preps to go public with 60M subscribers
#45Google recently started aggressively marketing Youtube Red. When you watch a youtube video, a small popup asks if you want an ad-free experience, consider upgrading .. This is worrying as Spotify has no moat. Youtube Red is definitely a better value as you ad-free + offline youtube with music. I am a paying Spotify customer and if they improve their client, I might jump ship.
Re: Spotify preps to go public with 60M subscribers
#46Would you buy a stock in a company that has been in business from last 11 years and cannot make a profit yet?
Re: Spotify preps to go public with 60M subscribers
#47I've had Spotify for 5 years or so, and mostly used it to look up songs I already liked, and to create playlists to listen to while studying/working/programming. It was already pretty awesome for that. Then I started checking out the "Related Artist" section, and started discovering new music after such a hiatus of music discovery since my younger years. But where Spotify has really just excelled, and dare I say chan…
Re: Spotify preps to go public with 60M subscribers
#48Earlier quoted context omitted.
Going public is guaranteed to end in them getting acquired by a US media or tech company. Once public, it won't take long for the present owners to lose control to far more powerful financial entities. The VCs will all liquidate out, leaving a power vacuum that will be gradually filled by those new parties, and they'll do the same thing they always do.
So buy spotify shares then, they’ll go up?
Re: Spotify preps to go public with 60M subscribers
#49Spotify is nice, but do they really have in chance of being decently profitable on such slim margins? They are competing against two large companies that don't live or die by whether their music subscription business is profitable - Apple and Google.
Both of their Music product is far inferior to Spotify. And this is speaking form an Apple Fans who really wanted to paid Apple some money but cant.
Re: Spotify preps to go public with 60M subscribers
#5060M subscribers and still not profitable, why? Would you buy a stock in a company that has been in business from last 11 years and cannot make a profit yet?
That's the modern time, businesses don't aim to make a profit anymore, they aim to grow. AMD is a good example of this practice, it usually ends each quarter with a half a billion in losses [1], with some exceptions here and there. It goes from an almost 4 billion loss to a 1.3 billion profit. It's amazing it still exists, but that's what investor money is for I guess.