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Spotify optimistic about closing 2018 with 92-96 million paying users

Swedish music streaming giant Spotify is expecting to register 92-96 million paying customers by the end of  2018 against 36 million paid subscriber count of its arch-rival Apple Music. Spotify quotes premium subscribers as the ones who have completed registration with Spotify and have activated a payment method for a premium service. Spotify is also …

Reliance Jio and Saavn join hands ahead of Spotify’s entry

World’s largest audio streaming service, Spotify, is all set to enter India this April and to counter the possible threat, established players, Reliance Jio and Saavn have joined hands ahead of the Swedish giant’s much talked about arrival. As per reports, Reliance Jio to spend $670 million in Saavn. Saavn boasts 30 million songs under …

Spotify soon to launch in India

According to Deloitte, Indian music streaming market is set to touch Rs 3100 crore by 2020 and the report has certainly interested Swedish streaming giant Spotify to explore the market. While the details are yet to be unfolded, the company had reportedly leased out an office in Mumbai in 2017. Indian music streaming market is …

Muvi to Present the World’s Fastest Deployable OTT Platform at NAB SHOW 2018

Muvi’s feature-rich hybrid (Over-The-Top) OTT platform combines cross-device reach with great user experience and monetization models to wow consumers and win wallet share.   Muvi will present the world’s fastest deployable OTT platform at the NAB Show 2018 from 9-12 April. Muvi’s award-winning OTT platform is the world’s only platform that offers broadcasters, content/media owners …

Spotify all set to debut in SA

Swedish online audio streaming giant Spotify is all set to debut in SA, putting rest to the speculation that stemmed from its advertisement for a senior editor and music programmer for South Africa back in September 2017. The pricing details are yet to be disclosed by Spotify. The Proteas already have an array of music …

Tencent expands, invests in Indian music streaming service

India’s popular music streaming service, Gaana has attracted “ a sizeable investment” from the Chinese web giant Tencent. Gaana, the 2010 music firm is a property of media firm The Times Of India. Tencent which is a pretty dominant player in the rapidly expanding Chinese digital music domain has shown concern in Gaana as a …

Spotify to come up with own smart speaker

If reports are to believed, Spotify may try it hands soon into the hardware business. Spotify, until now has been dependent on other company’s products to reach users. The Swedish audio streaming platform is currently available in desktop, web browser, and mobile-app versions.   However, the step from Spotify seems significant as Spotify Connect which …

Apple Music student subscription service to debut in 82 new markets

Apple Music is all set to roll its student subscription service in 82 new countries. Apple confirming the same quoted that Apple Music student membership plan has already been there in 79 countries and the rest three markets will be added to the portfolio by February 26. For the uninitiated, Apple had already launched the …

Discord and Spotify join hands for music integration

Discord and Spotify have inked a deal which will see the former integrated into the chat platform allowing users to link their accounts and showcase and share the latest song. Through this deal, the Discord users will be able to display the latest songs they are listening to on their profile, enabling their friends to …

Subscription fees likely to be increased owing to hike in royalty

The Copyright Royalty Board of the U.S. Library of Congress has increased the royalty rate from 10.5% to 15.1% of total revenues of streaming services to be paid to artists and their publishers. With the decision standing effective from 2018 to 2022, an increase in the subscription fee might be on cards. Music streaming services …

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