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According to the Recording Industry Association of America, streaming accounted for 65% of annual music revenue!Spotify F 1 reveals that 31% of listening now happens through playlists. This influence over user listening habits gives Spotify leverage and could allow it to sign new artists itself, effectively replacing the role of major record labels and solving its wholesale transfer pricing problem. If the company executes and becomes a (the) dominant player in the music industry it would be a textbook example of Aggregation Theory.My back of the napkin valuation for Spotify is the $16 25 billion range but the upside is significant.

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iPhone Cases sale
iPhone Cases sale
iPhone Cases sale
iPhone Cases
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