Spotify Can't Live on $10 a Month

Spotify Can't Live on $10 a Month

Assessment

Interactive Video

Business, Performing Arts, Other, Information Technology (IT), Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the standard $10 monthly fee for music streaming services like Spotify and Apple Music. It explores Spotify's leverage in the market due to its relationships with music labels and its significant contribution to the industry's revenue. The video suggests price experimentation, such as offering lower prices for specific music genres, similar to how cable TV offers smaller bundles. It highlights the challenges Spotify faces, including financial losses and the need to adjust its business model before going public.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the standard price for music streaming subscriptions mentioned in the text?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Spotify's ownership by music labels affect its business model?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What price experimentation is suggested for country music subscriptions?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the text compare the music subscription model to the cable industry?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Spotify face in maintaining profitability?

Evaluate responses using AI:

OFF