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Why do they need to invest?

They can also just keep being the most complete music streaming service.

That is a low margin business, but it’s a business, and you probably don’t need a lot of people to run it.



Using Apple Music on a few Google devices now.


their moat is exploiting the copyright system with monopolistic contracts with record labels


Explain. Because as far as I'm aware all of the record labels have deals with all music distributors (it doesn't make sense not to, they are in the business of showcasing their copyrighted properties), you can even distribute instantly to all streaming services through labels and distributors.

I don't think you know what you're talking about...


Monopolistic how?




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