What are the most significant differences between satellite radio and streaming services such as Spotify and Apple Music?
There are so many ways to listen to your favorite music these days. The interviewer is looking for your level of knowledge when it comes to satellite radio versus popular streaming services. Do some reading online to see if you can learn about the ways these sources of audio broadcasting are competing.
"I have been learning a lot about SiriusXM and how it's business is being affected by music streaming services such as Spotify and Apple Music. Interestingly, I found that satellite radio is much more profitable than streaming services. Reports say that Spotify loses nearly half a billion dollars every year where satellite radio companies profit billions upon billions per year. I believe these earnings have to do with the fact that satellite radio offers more exclusivity to certain shows, music, and stations. SiriusXM, as an example, has exclusive rights to the Howard Stern show, which earns a healthy profit and loyal audience."
