Spotify resillience: scenario analysis of recession effects on Spotify industries
Autor(a) principal: | |
---|---|
Data de Publicação: | 2020 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10362/105638 |
Resumo: | Spotify has only endured one recessionary cycle since inception in 2006 but was not public at the time so has yet to experience a market downturn during its stint as a listed company. With beta analysis only demonstrating a small factor of the company’s sensitivity to a recession, I will try and create an extensive scenario analysis with our model to illustrate valuation differences of Spotify in a possible recession scenario within the next 2-3 years. This will change revenue forecasts as well as costs forecasts, but with overall market performance decreasing during this period as well I will analyzethis scenarios impact on the growth of the streaming service industry within the entire music industry. How a possible recession in 2020/2021 will impact the cannibalization of the overall music industry by the streaming service transition, as well as discuss possible impacts to Spotify’s valuation in a recessionary case. As a tech company it is inherent that a recession will impact the valuation more than most companies, but this section will discuss by how much in and perform scenario analysis based on sizes of possible recessions to determine if Spotify would withstand even a large-scale market downturn as well as duration of possible recessions and Spotify’s resistance to these durations. |
id |
RCAP_c3df009f7ad7bfbe0cf752686dc3727a |
---|---|
oai_identifier_str |
oai:run.unl.pt:10362/105638 |
network_acronym_str |
RCAP |
network_name_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository_id_str |
7160 |
spelling |
Spotify resillience: scenario analysis of recession effects on Spotify industriesSpotifyRecessionScenario analysisValuationDomínio/Área Científica::Ciências Sociais::Economia e GestãoSpotify has only endured one recessionary cycle since inception in 2006 but was not public at the time so has yet to experience a market downturn during its stint as a listed company. With beta analysis only demonstrating a small factor of the company’s sensitivity to a recession, I will try and create an extensive scenario analysis with our model to illustrate valuation differences of Spotify in a possible recession scenario within the next 2-3 years. This will change revenue forecasts as well as costs forecasts, but with overall market performance decreasing during this period as well I will analyzethis scenarios impact on the growth of the streaming service industry within the entire music industry. How a possible recession in 2020/2021 will impact the cannibalization of the overall music industry by the streaming service transition, as well as discuss possible impacts to Spotify’s valuation in a recessionary case. As a tech company it is inherent that a recession will impact the valuation more than most companies, but this section will discuss by how much in and perform scenario analysis based on sizes of possible recessions to determine if Spotify would withstand even a large-scale market downturn as well as duration of possible recessions and Spotify’s resistance to these durations.Martins, Francisco Antunes da CunhaRUNBarnes, Colton Grant2021-01-06T01:30:42Z2020-01-202020-01-062020-01-20T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/105638TID:202493830enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T04:50:51Zoai:run.unl.pt:10362/105638Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:40:32.973715Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Spotify resillience: scenario analysis of recession effects on Spotify industries |
title |
Spotify resillience: scenario analysis of recession effects on Spotify industries |
spellingShingle |
Spotify resillience: scenario analysis of recession effects on Spotify industries Barnes, Colton Grant Spotify Recession Scenario analysis Valuation Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
Spotify resillience: scenario analysis of recession effects on Spotify industries |
title_full |
Spotify resillience: scenario analysis of recession effects on Spotify industries |
title_fullStr |
Spotify resillience: scenario analysis of recession effects on Spotify industries |
title_full_unstemmed |
Spotify resillience: scenario analysis of recession effects on Spotify industries |
title_sort |
Spotify resillience: scenario analysis of recession effects on Spotify industries |
author |
Barnes, Colton Grant |
author_facet |
Barnes, Colton Grant |
author_role |
author |
dc.contributor.none.fl_str_mv |
Martins, Francisco Antunes da Cunha RUN |
dc.contributor.author.fl_str_mv |
Barnes, Colton Grant |
dc.subject.por.fl_str_mv |
Spotify Recession Scenario analysis Valuation Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Spotify Recession Scenario analysis Valuation Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
Spotify has only endured one recessionary cycle since inception in 2006 but was not public at the time so has yet to experience a market downturn during its stint as a listed company. With beta analysis only demonstrating a small factor of the company’s sensitivity to a recession, I will try and create an extensive scenario analysis with our model to illustrate valuation differences of Spotify in a possible recession scenario within the next 2-3 years. This will change revenue forecasts as well as costs forecasts, but with overall market performance decreasing during this period as well I will analyzethis scenarios impact on the growth of the streaming service industry within the entire music industry. How a possible recession in 2020/2021 will impact the cannibalization of the overall music industry by the streaming service transition, as well as discuss possible impacts to Spotify’s valuation in a recessionary case. As a tech company it is inherent that a recession will impact the valuation more than most companies, but this section will discuss by how much in and perform scenario analysis based on sizes of possible recessions to determine if Spotify would withstand even a large-scale market downturn as well as duration of possible recessions and Spotify’s resistance to these durations. |
publishDate |
2020 |
dc.date.none.fl_str_mv |
2020-01-20 2020-01-06 2020-01-20T00:00:00Z 2021-01-06T01:30:42Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10362/105638 TID:202493830 |
url |
http://hdl.handle.net/10362/105638 |
identifier_str_mv |
TID:202493830 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
|
_version_ |
1799138019954917376 |