Spotify is also a de facto monopoly. | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		pie420 on Dec 4, 2023 \| parent \| context \| favorite \| on: Spotify will reduce total headcount by approximate... Spotify is also a de facto monopoly.

piva00 on Dec 4, 2023 | [–]

Spotify has ~30% of the market, Apple Music, Tencent, and Amazon have each ~13%, YouTube Music another ~9%.

That's far from a monopoly...

lotsofpulp on Dec 4, 2023 | | [–]

Didn’t even know Tencent had a music streaming service, but their numbers look amazing:

https://www.macrotrends.net/stocks/charts/TME/tencent-music-...

I presume they don’t have to pay rent to a few big copyright holders like Spotify does.

lotsofpulp on Dec 4, 2023 | [–]

A monopoly of what? A few people’s podcasts?

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact