This article reviews the performance of Spotify, Universal Music, Warner Music and Hipgnosis in the capital market in 2022.
"I think there is no doubt that a fair and open platform can lead to a better consumer experience, and it can also allow developers to innovate, grow and prosper... Investing in building the best products will also lead to the strongest growth and the healthiest business." Daniel Ek, founder and CEO of Spotify, said.
Do you remember Spotify’s first investor day in June 2022? In essence, this time executives took turns to take the stage to explain the company's business model and business layout, all in order to convey investment confidence to the capital market.
But now that 2022 has passed, we all see what the stock price of Spotify's and is like. We also know very well what the stock prices of Universal Music and Warner Music are. Everyone has always liked to discuss a common topic - content and channels , who is the king of the entertainment industry?
In the music industry, the market seems to have given a resounding answer to this question in 2022. The value of Spotify, the world's largest music streaming subscription platform, is significantly lower than that of the major music copyright holders in the market, and record companies have won.
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