I prefer the "Netflix stays independent, buys Spotify" argument
See
https://pando.com/2016/08/26/would-netflix-spotify-ultimate-modern-media-conglomerate/e75246272c9f4478a978943c3ef51a4973a3c814/
See
https://pando.com/2016/08/26/would-netflix-spotify-ultimate-modern-media-conglomerate/e75246272c9f4478a978943c3ef51a4973a3c814/