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Spotify: Face the music update ( 2 0 2 1 ) 1 . Assess the attractiveness of the U . S . Music industry as
Spotify: Face the music update
Assess the attractiveness of the US Music industry as of Specifically speaking, identify all five forces and describe the industry structure by using the underpinnings of five forces. For the power of buyers, be sure to include the projection of market growth over the next three years.
Explain Spotify's two unique features that competitors or substitutes don't have. Using a resourcebased view, evaluate whether those features will provide the Company with a significant advantage and discuss whether the advantage is sustainable.
Spotify has been losing money for a long time, as shown in Table Analysts believe that cost and expense problems could be both temporary and structural. Based on the content of this case, identify a single item in Table eg cost of sales in premium, cost of sales in adsupported, R&D expenses, sales & marketing expenses, general and administrative expenses that relates to a structural, not temporary, costexpense problem and that Spotify must improve first. Discuss why the identified costexpense problem should be the first thing to fix and suggest how to solve the problem strategically.
Do some research on the value chain of the music industry and explain the current bargaining power among artists, labels, and streaming service providers like Spotify and Apple Music. Identify a current or future event eg TikTok, podcasts, new entrantssubstitutes M&A among labels, etc. that may change the current industry structure and provide strategic recommendations on what Spotify should do to achieve strategic competitiveness in that change.
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