The Death of Spotify: Why Streaming is Minutes Away From Being Obsolete

I was walking down Queen Street in Toronto last week, completely zoned out, listening to Episode #391 of David Senra’s Founders podcast. If you don’t listen to Founders, you should. Senra obsessively analyzes the careers of history’s greatest entrepreneurs. This particular episode was a two-hour deep dive into the life and mind of one of my biggest heroes – Jimmy Iovine.

… About an hour into the podcast, Jimmy Iovine starts discussing the current state of the music business. I literally stopped walking. I had to pull out my phone and rewind it three times just to make sure I heard him correctly.

Speaking about Spotify and Apple Music, Iovine flatly stated: “The streaming services, to me, are minutes away from being obsolete.”Read More

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