Global streaming giant Spotify plans to launch a music streaming service in South Korea in the first half of 2021. According to the report, the Swedish firm will provide listeners with approximately 60 million tracks and over 4 billion playlists. This will help Korean artists of different music genres reach fans in their country and abroad.
Korean artists will get benefits
“We are excited to launch in South Korea,” said Alex Norstrom, Spotify’s chief freemium business officer. It is a market known as the epicenter of music, culture and technological innovation. “We look forward to bringing more and more Korean artists and giving them a chance to connect with our fans around the world, including South Korea,” he said.
32 million users
Spotify has been running K-pop playlists since 2014, increasing its viewership by 2,000 percent in the last 6 years. Launched in 2008, Spotify provides a music streaming service to approximately 32 million listeners in 92 markets.
Reduce plan prices in India
Streaming app Spotify has updated two of its premium subscription plans in India. Actually, Spotify has reduced the prices of its two plans. One of these plans is of Daily and the other is Weekly Plan. These plans of Spotify have also been renamed. Now they have been named Spotify Premium Mini instead of Spotify Premium Daily and Premium Weekly.
Of these, the price of the daily plan has been reduced to Rs 7. At the same time, the price of the weekly plan has been reduced to 25 rupees. In premium mini plans, users will get ad free access to all the Spotify songs and podcasts.