It’s a little different as Spotify/apple/etc don’t produce music and are not trying to out license each other. Really good thing you don’t have to sub to half a dozen music services.
Grateful that they don’t. But they have tried to do it with podcasts.
Spotify “pulled an Apple”, bought Gimlet and moved all their podcasts onto Spotify exclusively. I don’t use Spotify and chose to find alternatives. I’m happy I did.