Please read the file about Spotify and answer the questions below. At least 500

Please read the file about Spotify and answer the questions below. At least 500 words or more.
1. How is the rise of streaming affecting the music industry? And how would you characterize the competition among online music services?
2. How do you evaluate Spotify’s business model? Is it beneficial for artists, labels, consumers, and advertisers?
3.In your view, how should Spotify respond to Swift’s actions in the public domain?