[_jstreet]

> Spotify doesn’t seem like a monopoly that has pricing power

I'd argue that all music-streaming services have very little pricing power!

Streaming services rely on being an easier/friction-free option as opposed to piracy (or alternatively, buying the copies directly from the musicians).

Your point is still valid though, the competition is still fierce; Amazon, Tidal, Apple.. etc.

[notriddle]

They're also competing with FM radio.