Spotify Teams With Samsung to Help Fight Off Apple

Spotify Teams With Samsung to Help Fight Off Apple

Assessment

Interactive Video

Business, Performing Arts

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the strategic partnership between Samsung and Spotify, highlighting how it positions Spotify against Apple in the music streaming market. Spotify remains the market leader with over 80 million paid subscribers, while Apple follows with over 50 million. The video also delves into Spotify's financial strategy, emphasizing its growth despite operating at a loss, similar to Netflix. The importance of converting free users to premium subscribers is underscored, as premium users contribute significantly to Spotify's revenue.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of the partnership between Samsung and Spotify?

To develop a new smartphone

To increase Spotify's user base

To create a new music service

To compete with Netflix

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company is the market leader in paid music subscriptions?

Apple Music

Spotify

Amazon Music

Tidal

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which regions does Apple Music reportedly have a stronger presence than Spotify?

South America

Asia

Europe

North America

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge for Spotify in terms of financial strategy?

Competing with Netflix

Converting free users to paid subscribers

Reducing R&D costs

Developing new hardware

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Spotify's revenue comes from paid subscribers?

90%

100%

70%

50%