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Home»News»Business»Marketing»Spotify is about to be the king of streaming looking to overtake Netflix.

Spotify is about to be the king of streaming looking to overtake Netflix.

Aurora WritesBy Aurora WritesFebruary 12, 2023No Comments2 Mins Read
Spotify is about to be the king of streaming looking to overtake Netflix.
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    1 It is derived from social distancing, than video games and entertainment platforms via streaming.
    2 Currently, the digital community amounts to just over 4.950 million Internet users globally.
    3 It is due to the reopening of physical spaces that streaming platforms have decreased.
    4 Spotify is about to be the king of streaming looking to overtake Netflix.
    5 Now read:

    It is derived from social distancing, than video games and entertainment platforms via streaming.

  • Currently, the digital community amounts to just over 4.950 million Internet users globally.

  • It is due to the reopening of physical spaces that streaming platforms have decreased.

Derived from social distancing, technologies such as social networks, video games, eCommerce and streaming entertainment platforms have become a fundamental part of the new normality, since they have redefined the way in which consumers behave, placed on platforms like Netflix, as the great entertainment bet, a title that is about to lose, since it has recently been pointed out that Spotify has begun to position itself as the new king of streaming.

Currently, it is estimated that there is a digital community of more than 4 thousand 950 million Internet users, a figure that has been fostered to a large extent by the growing number of tasks that can be carried out, such as studying, working, trading and by Of course, have fun.

Today the new normality has encouraged the use of digital platforms such as the great technological bet, this due to the possibility of commerce and entertainment; However, despite the fact that during the social confinement, streaming services, such as Disney Plus, HBO or Netflix, positioned themselves as the great trend in terms of video entertainment, they are platforms such as Spotifywhich have begun to gain ground in terms of music streaming services.

Read:  Vice, a jewel of digital native media, is looking for a buyer

Spotify is about to be the king of streaming looking to overtake Netflix.

Currently the streaming business is unquestionable. The music streaming platform is the most important in the world, with 30.5 percent of the total market, while in second place, and quite a distance away, is Apple Music, while the other platforms share the rest of the cake. .

Spotify has published its 2022 report, which reveals several important details. The first of these is that Spotify currently has 205 million subscribers. This figure places it only 16 million behind Netflix in terms of users, at least according to the latest figures that are known.

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