Feed.fm CEO Sees Significant Challenges Facing Spotify

Feed.fm CEO Sees Significant Challenges Facing Spotify

Assessment

Interactive Video

Business, Performing Arts

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the current state of the music industry, highlighting challenges such as licensing complexity and capital raising. It explores Spotify's growth potential, driven by new technologies and a young audience. The video also examines threats to Spotify, including complex licenses and new competitors. Recent M&A activity, like Shazam's acquisition by Apple and Byte Dance's purchase of Musical.ly, is covered. Finally, it discusses Pandora's struggles and Spotify's resilience, emphasizing Spotify's innovative approach to market challenges.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the traditional challenges faced by music companies?

Limited audience reach

High production costs

Licensing complexity and capital raising difficulties

Lack of talent

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant factor contributing to Spotify's growth potential?

Exclusive artist contracts

Decreasing competition

Increased music consumption among millennials and Gen Z

Lower licensing fees

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges Spotify faces?

High subscription fees

Complex licensing agreements with labels and publishers

Limited music library

Lack of marketing strategies

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company recently acquired Shazam?

Google

Amazon

Apple

Microsoft

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What innovative approach is Spotify taking to overcome industry challenges?

Partnering with record labels

Expanding into video streaming

Direct listing on the stock market

Offering free subscriptions