— Topic —

    Music

    1 receipt tracked • 50% industry hit rate

    — Filed —

    1 receipt on Music

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    RECEIPT #SCOTT-

    AUG 23, 2024

    Partially right.

    PREDICTION BY

    Scott Galloway
    He predicts that Tiktok will compete with Spotify and come up with original music and programming.

    FOLLOW-UP

    TikTok has moved closer into Spotify's lane through music features and programming, and rolled out TikTok Music in some markets. However, Spotify remains the leading global music streaming subscription service, and TikTok has not yet become a full-scale direct replacement or equal competitor to Spotify’s core subscription model.

    ORIGINAL SOURCE

    RadioInfo Australia