No one in the right mind uses Amazon music

Finally KZfaq pushing quality videos instead of videos from big channels

I can't understand how Spotify has created a business model where everyone feels as though they're losing out. Artists don't make enough money. Spotify doesn't make enough money. Users are bombarded with ads.

Audio Quality : Apple music Playlists : Spotify Suggestion / Vast library : KZfaq music

Spotify’s new algorithm sucks. It used to allow you to discover new songs and artists daily, but now it loops over the same 10 or so songs constantly.

i’ve had Spotify premium for years and tried apple music thinking it was going to be smoother with my iPhone. I’m so used to Spotify and found Apple music annoying, confusing i just didn’t like it.

This video is proof why competition is important. Music streaming is probably the only subscription service where consumers feel they get value for their money. Take the middleman companies out of the equation and there’s planet of money for the artists to make money and not feel screwed and the consumer gets value for what they pay for. The streamers and the labels have just placed themselves at glorified middlemen and artists can’t get paid their worth because of it

My only real gripe with Spotify, as a long time premium member, is the insane lack of a true shuffle. I'm led to believe that this is also an issue on other platforms, but if you have a sufficiently big playlist, you'll soon learn that shuffle is NOT random. It tries to be cute. It tried to play adjacent music in sequence. However, I LIKE a true random shuffle. I want to hear Black Sabbath and then Prince. Not Black Sabbath, and then Dio (who was in Black Sabbath), and then Ozzy solo, and then Heaven & Hell, all of which have a singular tether. For years it's done this, and it is insane to me. Nobody asked for it so....why??

What I don't understand is how despite their business only focusing on music, they still don't offer hi-fi plans like Apple or Amazon. Could even be the answer to that price increase they've been chasing for a while.

1:09 This graph is incredibly misleading. Should be to scale

IDK how it is in other markets, but in the country I live, Spotify ads are basically (and almost uniquely) promoting you to buy a Premium membership. Meaning they're completely missing out on ad-revenue in at least some territories. Maybe this could make up for some of their losses, although I doubt it will completely make up for it.

KZfaq music is the only one anyone needs. It comes with no freaking ads on youtube. Hard to beat that.

Currently, Spotify don't have a set "pay per stream" rate. Instead, it varies greatly depending on whether or not the Spotify user is Free or Premium, which region they're listening from (different regions have different payment modes on Spotify), when it's being streamed (payment also varies on Spotify from day to day) and a variety of additional factors. For example, a Free stream pays much less than a Premium stream. Also, the same person streaming the same track multiple times is worth much less than if different Spotify users stream the same song the same amount of times. If you want to calculate an avarage taking into account all of information, it is around 0,0009 USD per stream.

I switched to KZfaq music simply because I already subscribed to KZfaq premium. It’s just far more cost effective for so much more than just music :)

Good video from a small channel

This video's production quality is right up there with more established channels. Great work.

This video is a good view from the financial side of things, however I would continue to use Spotify even if it became more expensive than the other streaming services. I personally find that the algorithm can’t be matched and is always pushing me to discover new music and genres. Not to mention neat features like being able to control music from one device with another device or having group sessions where multiple people can add songs to a queue from their own phones. I tried Apple Music and it just felt clunky outdated and only wanted to push the most popular artists onto me instead of really trying to know what kind of music I like.

Spotify and Netflix should collaborate to create a bundle. To disrupt the marketplace.

Great video. The main thing separating Spotify from the others is branding. The other companies are better known for other things.

Spotify’s algorithm is untouchable

I change from Apple Music to Tidal, for me tidal music discovery and new music suggestions are top notch. Quality is also very good too.

The thing about option 3, that I feel like was a bit understated here, is the fact that spotify‘s dependency on other people‘s music makes the business unscalable. If they gain more costumers they will still have to pay the same percentage of royalties. Their overall profit margin wouldn‘t increase. Even if their original podcast aren‘t “as profitable as they had hoped“, original content is kind of the only way they could increase their income

I really enjoyed this video, it’s nice to get recommendations from smaller channels that have quality videos. Keep it up! I subscribed

Very informative and thank you so much. It's quite an effort to pull these many information and data. But another possibility to consider would be to increase the charges for the companies who are putting up Ads in-between the songs because of its high reach.

YT Music is the best. It has everything.

Great video, good luck with growing the channel

Such and interesting and very detailed video, I’m subscribing 👍🏻

Literally the only thing stopping me from leaving Spotify is their song recommendation, which has been very on point and had introduced me to some of my favorite artists. But if they're not releasing HiFi in another two months, I'm ditching it.

Thought I was looking a big channel until seeing you had a thousand subs. Keep the good work c:

I use the free version of Spotify while i drive honestly i enjoy the ads as it reminds me of the radio days

I didn't even notice that the video was done by a small channel, well done!!

This is a great video to show different economics principles.

easily my favourite channel of this genre, glad i’ve been here to see you grow!

There are definite differences in the catalogs available for streaming as well as audio quality between the popular platforms. Do they all have access to the largest music distributors' libraries? They seem to, but definitely not all the mid to low level labels and artists make all of their music available on every platform. Calling the services identical is simply false. Even some large artists will have the odd EP or single not show up on one service. It seems like Amazon has the worst library overall.

This is why people should use Spotify and pay more for it. Don’t let the big Bois kill the competition

really cool video. But maybe try a smother change of the topics so it doesn't come as abruptly As to the topic itself. I think the change of the streaming service is not so easy as it got suggested. The only real possibility is paying a little fee to service that transfers it to another service as I believe that many many people do have a lot of songs.

I’ve been with Apple Music since the beginning, but tried out Spotify when they had Joe Rogan exclusive and thought about moving over just to have it all in one app. But the more I used the podcast part it would forget where I left off in one and restart it and it did this on multiple occasions. I don’t use the apps to discover music other than “similar artist” suggestions so I’m fine with Apple Music and Apple had radio stations from other countries and I’ve searched Spotify and they don’t have that, so Apple wins on that front as well. Now with Rogan not being an exclusive, I’ve switched all my podcast to Apple podcast now and don’t really use Spotify for anything.

amazing video! thank you for breaking this business down.

Might just go back to buying CDs and downloading music....

True! I started using KZfaq music instead of Spotify because of its bigger playlist

I use YT music :)

what about siriusxm?

Incredible video! Finally another indie KZfaqr, I'm a b1 in English and I understand everything!

Want a break from the ads?

Commenting for the algorithm. Great video!

i use yt music because i can remix/edit music and i can listen to it on the yt music app automatically in Spotify i have to upload them and i see people say the same phrase "put this on spotify please" when its already on youtube music

I think the other thing is that the competition doesn’t offer a free model. Then theres issues like how people feel that Spotify pays less to artists or the new T&C written up for audiobooks where they want to own all rights to books put on here. As for say them not bringing HiFi Lossless while many currently might not use it that could be a big feature to bring people to them. Personally I’ve been buying CDs which is why I used iTunes then Apple Music just works best with keeping all my music in one place. (I have Apple One) I think there’s certainly a change in society where a growing number of people are wanting to own physical again because they don’t like the price hikes and media especially older stuff being placed behind a paywall. I enjoyed your analysis though good video

this was very interesting

KZfaq premium is THE ONE for me. I watch youtube a lot (entertainment, education etc.), so I'm saving tons of time I'd waste on ads. More to this, I get to use youtube music also. Amazing stuff.

Good video but you forgot about music sound quality across streaming services, which is an important factor to consider.

I use both I’ll just say the pros Spotify can be used remotely, we have a family business and I can control the music from anywhere. Spotify since it’s more popular among users, the playlist sharing is awesome! Apple Music’s sound quality is amazing! Apple Music’s sing along feature is amazing for karaoke! Apple Music has music videos too Apple Music can be used under one user, on several devices at the time (I have a family plan)

This video is just wrong. Spotify has reported a profit the last three quarters, and they are probably going to report their first yearly profit for 2024. Given that they also raised prices by 10% in a number of markets, it is almost guaranteed that they will end the year with a profit. Also you forgot to mention something that is super relevant for Spotify, for most of the company’s live they have received tons of money injections from the 3 big music distributors, they basically own Spotify and would have kept injecting money as long as needed, for one simple reason, if you have control of the mean of distribution you are the one making the most profit, and Spotify is the biggest mean of distribution. Spotify has more users than all of the other music streaming services combined.

Why on earth did anyone ever let three companies take over an entire industry? That’s ridiculous

Really good video btw thanks ❤

Fantastic analysis 👍

I would still use spotify if it were to double its price. The value i get on it would still be amazing. Ive built up a library so big on spotify that i’d be devastated to lose it, i would actually start buying physical albums.

Spotify is up 126% this year, they are by no means failing

Do you think you could make a more in depth video that compares Spotify, YTB music, Amazon music, etc. ? Because I honestly don't know which is better for me. Just an idea I have, would love to see it done by you! ❤

Can you do a video about IT outsourcing and how this market changed since the 80s? Use Tata as example 😊. Thank you 🙏

Spotify has earned over 1 billion in profit this quarter. I've personally had a 100% stock gain after buying Spotify in 2022, benefitting from videos full of "conventional wisdom" like this one.

Been using Spotify since 2014, switched to Apple in 2021, never looked back since.

My dad tried to start a music streaming company to break the current model and create a win-win for the customer and musician but it failed because he couldn't get enough big musicians and record labels to get on board (partly because his new model kinda defeats the purpose of the label companies, making them unnecessary and useless in his new business model)

Only reason I pay for Spotify is because of the multi device connectivity it offers, also I hate the YT music UI. And Apple Music just makes me feel more limited to the apple ecosystem which I’m not a big fan of (I use both android and ios)

Spotify is dreadful for people that want to discover new music based on what they like. It's breadth of choice cannot compete with youtube that merely needed to adapt its algorithm to music only.

Spotify is still popular

Mate your content looks like KZfaqrs with millions subs. Cheers for future. Brotha

i am finding yt music and apple music’s UI/UX less encouraging to use after getting used to spotify for years. I really hope spotify can hang around as many days as possible 🙏

Looks like Spotify is ripe for acquisition, it would certainly add value among bundled services companies such a Microsoft offer.

Opted KZfaq music over Spotify the best music service ever Audio quality is more better than Spotify

I don't get it why it was never brought up the idea of simply enforcing the pay to listen to music, their Freemium model is the #1 reason why they're not profitable, even if it results in a high loss of users those who are already embedded would likely switch to premium and the costs would instantly sink while the profits would rose. Or if you argue they can't do that they can limit it more so you can't just select songs and just be stuck with shuffle on playlists or albums I really don't see what is Spotify waiting for to simply remove the "free" tier, the ad revenue is not a fraction of their paid revenue and they know this

May this guy forever provide such amazing content

merge with netflix

If they're not making a profit, then how is that they still exist?

Awesome video!!!!

good video your channel is underrated

You are so uneducated about this. You keep talking about how they all offer the same service but that’s far from accurate. KZfaq music has millions more songs than Spotify does. Spotify is missing so many it’s insane.

feels like bullshit tbh

Banger vid!!!

Do we know which category of users, premium or ad-based, generate more money for Spotify?

Awesome video

When I like about Apple Music is that I can edit song properties on my computer and upload my own music and even combine them or add it to albums

Great video. Keep up the good work 💯. I would like to see this channel touches million subscribers this year. Best of luck

I love this video! Why does Spotify loses money? Because its expenses higher then income! Great, thanks :) It could be at least 3 times shorter if not describing obvious

Great video!

Good review for my AP Microeconomics exam next week😂

Checked the subs after finishing the video. Surprised it's only 7k. You deserve much more. Insane production quality.

I was a spotify user until I got hooked with yt, decided to switch to yt premium coz it includes yt music, this is a major win for me since I always use yt on my tablet also i can share my subscription with other family members

Great video, you hit every nail right on the head. There is one correction though and that pertains to how you claim Spotify pays out. It's not a fixed amount per stream, it's more of a stream share per market. I'll break it down with simple numbers. If in one month, in the US market, Spotify collects $1 million from subscriptions + ads, 70% of that goes into their royalty pool. Out of all streams that are counted in that month from the US, if Drake accounted for 50% of all total streams in US, his right's holders would get 50% of that pool which would be $350,000. This means you can get the same amount of streams in back to back months but see a different pay out because of how much is in the pool. Keep in mind how I said per market, this means that streams in developing countries such as India are valued less as they have a lower subscription fee resulting in a smaller royalty pool. All this can basically be simplified to Spotify having a 70% tax on all revenue before they can do anything else with their money. Would have also been nice to include something about this (kzfaq.info/get/bejne/rMB8ppanmdPJdJ8.html) on why Spotify can't create their own label but this was a great vid!

I had Spotify for a long time now after my KZfaq Music Subscription ended And I've been thinking if I should get Spotify premium and thinking about it twice, I'm not gonna get it, I've gotten too used to ads like a radio

The only thing going for Spotify are the network effects with the biggest user base in music streaming.

What these companies need to understand is music streaming is so much more about user experience than it is about offering songs and playlists. Spotify kind of understands this but needs to be doing more. It needs to be more aggressive about how it analyzes songs and suggests new ones for you. It needs to create a stronger profile of its users data. Like whether you tend to listen to heavier / higher energy music, or calmer music... Indie or more popular styles, and more. If it could manage this then I think they would fully stomp out all of their competitors. We need more tools to shape our listening experience both at our disposal and working in the background. It could operate on a business model similar to Facebook in that artists could "advertise" their songs such that Spotify would recommend them to people they think would highly like them and share them. This would increase artist listen time, user time spent using their app, and overall customer satisfaction. This is why its so much more important than just making a service that can play songs and make playlists. You need this data mining of users to create the ultimate streaming app.

You deserve more subscription s bro i shcoked when i see your subscriptions the video is awesome

The solution would be get more music record labels on the market. Make it more competitive and lower the prices that way.

great video, well written script

Amazing video!

I’ve tried Spotify a couple times but always come back to Apple Music. I like shuffling all my songs from albums I save. I can’t seem to find a way to do that on Spotify.

Just got an email from Spotify today saying my Premium Family is going up in price... £17.99 to £19.99. Great video btw!

I prefer youtube music, but the two things keeping me from not using spotify are jams and blends, because all my friends use spotify and we can listen to music together. So basicaly spotify uses apple's strategy of peer pressure to keep me (and probably many others) switching to a much better platform.

Production quality is great, and content even better. Subscribed.

I’m using Spotify since 2016, so i can’t imagine switching to other app