Spotify's Russian Launch Targets New Market With Real Potential

  • 📰 billboard
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

.Spotify is launching its streaming service in Russia and 12 other countries in Europe, reaching potentially 250 million new users.

The skyscrapers of the Moscow International Business Center in Russia photographed on Oct. 28, 2014.

In addition to Russia, the 16th-largest streaming market, Spotify will push into Albania, Belarus, Bosnia and Herzegovina, Croatia, Kazakhstan, Kosovo, Moldova, Montenegro, North Macedonia, Serbia, Slovenia and Ukraine. The next few years for Spotify are going to be dominated by an effort to drive subscriber growth in emerging markets, says, managing director at MIDiA Consulting. “Although this will mean a continued erosion of ARPU [average return per user] it knows that as Western markets mature it needs emerging markets to drive the subscriber growth its investors expect. Russia fits this model.”

“Launching in these 13 markets is an important moment in Spotify’s journey, especially as we welcome fans and artists in growing music markets like Russia, where streaming is being widely adopted and where we see a significant opportunity for Spotify,”With the launch on Tuesday, Spotify says it is introducing 200 new playlists featuring artists from across the 13-country region to fans around the world.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 112. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Spotify Woww.... Btw STAN GOT7 GOT7Official GOT7

USBTSARMY Spotify aHa yes i heard through bts

Spotify Follow & stream BTS_twt my lovely fellow armys.. Get ready

Spotify what the fuck are they gonna listen to ra ra rasputin?

Spotify Serbia

Spotify Finally Albania

Spotify Awesome

Spotify Please launch here in bangladesh too

Spotify 👀

Spotify Over 52 cities listening 🌏 Spotify Run it Up ☄️ 🔗 God bless

Spotify Stan superM

Spotify albania won

Spotify Окей я тут

Spotify Great 👍

Spotify Woow

Spotify wwo

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines