🧠 Go to https://noom.com/magnates & take your free 30-second quiz! Thank you #noom for sponsoring today’s video! SPOTIFY: The Pirates Who Saved / Killed Music (The Illegal Rise of Spotify) --- Welcome to the INSANE story of Spotify. We look at how Spotify nearly failed before it even launched, how Spotify got locked in an ongoing battle with both record labels and artists, and finally how Spotify regained leverage by changing their business model. Now, Spotify is actually quite a powerful force in the music industry with a lot more control, which means there are several controversial issues for us to look at in the Spotify Story - including Spotify's history with fake streams, and its plans to become a central hub for podcasts. Here on MagnatesMedia I bring you business stories. Today, we're looking at how Daniel Ek started Spotify, and what a huge impact Spotify has had. However if you enjoy this look into Spotify's history, check out some of the other business origin stories on MagnatesMedia! πŸ€‘ How To Earn a Full-Time Income From YouTube: https://magnates.media/youtube (My FULL YouTube System) How To Be A Legend: Step 1. Subscribe to MagnatesMedia and turn on ALL Notifications. Step 2. That's it. You're a certified legend. Thanks for your support! WHAT IS MAGNATESMEDIA? πŸŽ₯ Unique, high-quality "documentary-style" videos & courses ⭐ Topics include business, money, marketing, success & more 🀡 Written, voiced & produced by John Frazer (Creator of MagnatesMedia) πŸ”” Subscribe & Turn on all notifications to see our new documentaries! βŒ› Chapters: 00:00 Prologue 01:16 Daniel Ek's Backstory 02:32 Part 1: How Spotify Began 04:06 Part 2: The Illegal Rise of Spotify 10:56 Noom Sponsorship 12:00 Part 3: The Precarious Economics of Spotify #Spotify #Business #MagnatesMedia #Documentary Paid sponsorship enquiries: support@magnatesmedia.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ MORE BUSINESS MINI MOVIES I'VE MADE: 🟀 Episode 1 - The INSANE Story of WhatsApp: https://youtu.be/FQd5bo9nIZs βšͺ Episode 2 - The INSANE Truth About TikTok: https://youtu.be/djk159kLBwA 🟣 Episode 3 - The REAL Reason Yahoo! Lost Everything: https://youtu.be/hpI8PSY8eOM 🟒 Episode 4 - How Starbucks Made Billions From a Stolen Idea: https://youtu.be/E_t6cfCYj-U ⚫ Episode 5 - The Illegal Rise of Uber: https://youtu.be/ISIjlRExdpE πŸ”΅ Episode 6 - The 3 Betrayals That Created Twitter: https://youtu.be/9YAc7ohAFGg πŸ”΄ Episode 7 - How Coke Made Billions From Sugar Water: https://youtu.be/ELu8y6eK-0g 🟑 Episode 8 - The Unicorn Hunter: Masayoshi Son: https://youtu.be/-q8nIhhwkVs 🟠 Episode 9 - The Theranos Scam: Blood, Lies & Secrets: https://youtu.be/E2dkoYWF4RY 🟫 Episode 10 - The Epic Tale of eBay & The E-Commerce War: https://youtu.be/m4zb8eCEfU0 🟨 Episode 11 - Snapchat: The Ghost That Haunts Zuckerberg https://youtu.be/tiVSpUvQyHc 🟦 Episode 12 - Samsung: Grocery Store to Unstoppable Empire: https://youtu.be/QPPzkDFnyX0 πŸŸͺ Episode 13 - The Untold Truth of Instagram: https://youtu.be/6jv98VfM3vQ I hope you enjoyed the story of Spotify - Visit www.youtube.com/magnatesmedia for all my videos & mini-documentaries! And visit www.magnates.media/youtube for my YouTube course if you want to create videos yourself. :)