Streaming Archives

SoundCloud Go+ for Students introduced

08/03/2019

SoundCloud Go+ for Students introduced giving full-time students all the benefits of SoundCloud’s premium listener subscription for half price. The new offering gives eligible college and university students access to SoundCloud Go+ at the discounted price of $4.99/€4.99 per month. SoundCloud Go+ for Students features SoundCloud’s full catalogue of over 200 million tracks including original tracks, DJ sets, remixes and more, from +20 million emerging and established creators Ad-free listening Track downloads for offline listening […]

Amarjit Batra, Managing Director - Spotify India

Spotify adds I million new users in India in one week

07/03/2019

Spotify adds I million new users in India in one week after its delayed launch on 27th February 2019 according to a company spokesperson. However, the company declined to say how may of these new listeners were paying subscribers or were using the ad-supported Spotify Free service. Spotify is up against strong competition in India with players like JioSaavn, Amazon Music, Xiaomi-backed Hungama and Gaana. Gaana, backed by Chinese tech giant Tencent has over 80 […]

Spotify launches in India

04/03/2019

Spotify launches in India, the world’s second most populated country where it is estimated there are over 400 million active internet users. Spotify’s has customised its offering to Indian music fans offering everything from Bollywood to Bhangra plus access to Spotify’s international music catalogue. At the services launch, Daniel Ek, Spotify founder and CEO, said, “As Spotify grows, our goal is to bring millions of artists and billions of fans together from every country and […]

Study of Spotify’s inner workings

28/02/2019

Spotify Teardown is a study of Spotify’s inner workings and provides an academic investigation into streaming music. The research was carried out by 5 Swedish academics to show the inner workings of Spotify that traces the transformation of audio files into the streamed experience. Published by MIT Press on the 19th March 2019, the team of five researchers borrowed the notion of ‘teardown from reverse-engineering processes and disassembled Spotify’s product and the way it is […]

Spotify extends lead over Apple Music

25/02/2019

Spotify extends lead over Apple Music with paid subscriptions now reaching 96 million against Apple’s estimated 50 million, according to Statista. When Apple Music was launched in June 2015, industry experts thought that Apple’s enormous installed base of iOS devices together with the company’s legendary flair for marketing and branding would see it come out top in the competition with Spotify. However, Spotify has proved to be the more innovative moving quickly into new markets, […]

Spotify ends 2018 in the black

20/02/2019

Spotify ends 2018 in the black with Q4 2018 outperforming expectations and delivering operating income, net income and free cash flow numbers which were all positive. The number of monthly active users (MAU) grew 29% year on year to 207 million which was above expectations mainly due to improved subscriber retention and strong growth in Latin America and emerging regions. Despite improved performance in every area and strong forecast growth in 2019 the company is […]

Young people in Spain are adopting streaming over physical formats

70% of Spanish music sales are now digital

19/02/2019

70% of Spanish music sales are now digital with streaming growing by 50% to reach 2.3 million users according to figures released by Promusicae, the Spanish record industry association. Streaming now accounts for 90% of the sector’s digital revenues ending the year with a small increase in sales. The growth in streaming is being driven by younger consumers taking up streaming subscriptions rather than buying physical formats. Provisional sales figures for 2018 show that revenues […]