If that were because of decelerating business momentum, I’d say be cautious on SPOT stock. SPOT stock has come crashing down in recent weeks. Thanks to these durable advantages, Spotify will forever remain the king of the paid music streaming industry - which will, with time, take over the entire music industry globally.Ĭonsidering these fundamental realities, it’s clear to see why SPOT stock is a huge long-term winner. These advantages include product (Spotify has the most resources and engineers, who have created the most intuitive and appealing user interface), technology (Spotify has the most listening data in this space, and therefore, the most advanced machine learning algorithms for playlist personalization and song recommendations), and content (Spotify has signed huge exclusive contracts with major podcasters, like Joe Rogan, to build out a Netflix-like original content library - and we see how well that has worked for Netflix). That’s because Spotify, as the early leader in this space, has secured itself durable advantages over competitors. Thus, paid music streaming services will emerge as a global ubiquity.Ģ) Spotify will forever dominate the paid music streaming industry. This includes folks in America, Europe, Asia, Oceania, South America, etc. That’s why, at scale, almost everyone who listens to music will end up paying for a music streaming platform. Ads are simply a “no-go” for music streaming. Ads interrupt work flows, they can kill a workout, and they can be a real drag at parties. And ads are highly interruptive to the music listening experience.
In the long run, SPOT stock is a huge winner thanks to two simple realities:ġ) Most people will pay for music streaming one day. Here’s a deeper look: SPOT Stock Is a Huge Long-Term Winner Nothing about the underlying fundamental growth narrative has changed here, so take advantage of this dip by buying Spotify shares on the cheap.
Spotify is taking over the music streaming world.
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