Google growing fastest to be largest streaming provider by 2025
There was a time when we were the most feared player ever and now the industry sees us as the biggest hope."
Meanwhile, becoming the fourth Western service after Spotify, Apple and Amazon Music to crack the 50 million mark is likely to be just an interim step: by 2025, YouTube is expected to be the largest single source of revenue for the music industry.
The 50 million-plus subscribers achieved should not obscure the fact that "there are 2 billion people who use YouTube every month.
Subscriptions are incredibly important, but the ‘twin engine growth engine’ - relying on advertising and subscription revenue at the same time - is superior to the subscription-only business.
Meanwhile, a general problem with the services is their similarity. For example, they offer the same music catalog for the most part - which is one reason for Spotify’s podcast offensive.
Everyone needs a relevant market, and Roon cleverly leverages its RAAT base in the HiRes niche. Relying on the big guys as partners would be suicide.
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