Spotify Can't Live on $10 a Month

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Business, Performing Arts, Other, Information Technology (IT), Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the common monthly subscription fee for most music streaming services?
$5
$10
$15
$20
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Spotify have leverage in the music industry?
It has exclusive music content.
It charges the lowest subscription fee.
It is partially owned by music labels.
It owns all the music labels.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What pricing strategy is suggested for Spotify to explore?
Increasing the subscription fee to $15
Offering free subscriptions
Experimenting with lower prices for specific genres
Charging per song
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What industry is the music streaming business compared to in the transcript?
The video game industry
The cable TV industry
The movie industry
The book publishing industry
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What financial challenge does Spotify face according to the transcript?
High payout to record labels
Lack of mobile app
High marketing costs
Low user base
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