How business models and other factors affect the Stock Price- A Case study on Spotify
- DOI
- 10.2991/978-94-6463-408-2_74How to use a DOI?
- Keywords
- Popularity of online music; Digital age; Spotify
- Abstract
The popularity of online music streaming services has risen exponentially since the rise of the digital age. Since the shift from MP3s to online music playing services have begun, there have been more than 60 streaming services accounting for more than 1 trillion streamed songs per year just in the U.S. The author will be focusing on Spotify, one of the largest and most pioneering streaming services on the market. The case of Spotify’s methods of income are peculiar, moving away from the conventional methods of generating income such as required membership fees but rather through ad revenue and Premium memberships. In this paper, the author will be exploring will be focusing on the stock values of Spotify since its launch in 2018, while examining its influence on consumers through non-price determinants such as the impact of Co-Vid 19 or the shift in preferences to influencer content.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Daniel ZD Guo AU - Xin Luo PY - 2024 DA - 2024/05/07 TI - How business models and other factors affect the Stock Price- A Case study on Spotify BT - Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024) PB - Atlantis Press SP - 675 EP - 687 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-408-2_74 DO - 10.2991/978-94-6463-408-2_74 ID - Guo2024 ER -