Business Model Comparison Between Spotify and NetEase Cloud Music
- 10.2991/assehr.k.211220.436How to use a DOI?
- Spotify; NetEase Cloud Music; Freemium
“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.
- © 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
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 -