Proceedings of the 2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021)

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Business Model Comparison Between Spotify and NetEase Cloud Music

Authors
Yonghao Li1, *, Qirui Zhang2, Anna Rita Li3, Jun Cheng4
1Battle Ground Academy, Franklin, Tennessee, 37069, USA.
2Battle Ground Academy, Franklin, Tennessee, 37069, USA
3Shanghai Gold Apple School: 1555 Jufeng Road, Pudong New Area, 200120
4Peninsula Catholic High School, Newport News, Virginia, 23601, USA
Corresponding Author
Yonghao Li
Available Online 24 December 2021.
DOI
10.2991/assehr.k.211220.436How to use a DOI?
Keywords
Spotify; NetEase Cloud Music; Freemium
Abstract

“With the development of technologies, the importance of music has been increased. Based on one of the researches about music, it pointed out that music somehow has the ability to release our pain, help release our stress or give us confidence. In one sentence, music has a powerful therapeutic effect on the human psyche”. In the past of the music market, the control was generally dispersed and hard to be gathered together. However, now the market of music in China is mainly dominating by NetEase Cloud Music while Spotify owns a lot of markets in the world range. The main focus of this article will be illustrating the business model for both companies and put together for comparison to get a conclusion about if the business model works for both countries or not.

Copyright
© 2021 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
24 December 2021
ISBN
10.2991/assehr.k.211220.436
ISSN
2352-5398
DOI
10.2991/assehr.k.211220.436How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

risenwbib
TY  - CONF
AU  - Yonghao Li
AU  - Qirui Zhang
AU  - Anna Rita Li
AU  - Jun Cheng
PY  - 2021
DA  - 2021/12/24
TI  - Business Model Comparison Between Spotify and NetEase Cloud Music
BT  - Proceedings of the 2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021)
PB  - Atlantis Press
SP  - 2514
EP  - 2521
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211220.436
DO  - 10.2991/assehr.k.211220.436
ID  - Li2021
ER  -