What Netflix’s Missing $9 Billion Tells Us About Spotify’s Business Model | Music Industry Blog

On Monday (July 16th), Netflix’s quarterly earnings missed targets, resulting in $9.1 billion being wiped off its market capitalisation due to twitchy investors jumping ship. To be clear, Netflix had a strong quarter, continuing to grow strongly in both the US – a much more saturated market for video subscriptions than for music – and internationally.…
— Read on musicindustryblog.wordpress.com/2018/07/18/what-netflixs-missing-9-billion-tells-us-about-spoitfys-business-model/