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Spotify announced an expansion in the Middle East earlier this month and we are now learning that the company intends to continue to grow and reach India in the first quarter of 2019. Bloomberg reports that the Swedish platform is secure dealing with major music rights holders, approaching the second most populous country in the world.
Bhushan Kumar, general manager of the T-Series record label, confirmed that "the agreement is in progress". shows a YouTube channel and often publishes music videos before elsewhere. According to the Swedish company Di Digital, Spotify has not managed to acquire an Indian competitor and has therefore entered the market alone
At present, Spotify has 87 million paying subscribers, of which only 8 million come from the "rest of the world". which are non-originating countries and users from North America, South America or Europe. With the expansion, the numbers are expected to increase, given the hundreds of millions of Indians with broadband Internet access, and that 75 million of them already use domestic services like Gaana and Saavn. .
Source | Via
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