Question: Netflix pioneered a subscription - based streaming model, while Spotify initially gained traction with a freemium approach. If both companies were to explore the franchise

Netflix pioneered a subscription-based streaming model, while Spotify initially gained traction with a freemium approach. If both companies were to explore the franchise model, how might it diverge from their existing strategies?
They would rely on local entrepreneurs to set up streaming centers.
They would allow third parties to create localized content under their brand name.
They would license out their technology platform for others to host their content.
They would depend on advertising for primary revenue generation in specific regions. gyms

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!