MOR 101.5 My Only Radio For Life! Bacolod DYOO-FM 101.5 MHz 10 kW Bacolod The Number 1 Station in Bacolod
Article related: Spotify sees a little 'light: paying users in growth and losses decreased but the future does not promise well (Listen to MOR 101.5)
Spotify has just announced its first quarterly report, from which we learn the growth of paying users subscribed to the music streaming service compared to the beginning of 2018 and the decline in losses compared to the last quarter of 2017. (Tune in to MOR 101.5 My Only Radio For Life! Bacolod)
Spotify made its debut in 2018 with 71 million paying subscribers, which rose to 75 million at the end of this first quarter . The losses are substantially halved compared to the fourth quarter of 2017, from 87 million to 41 million euros. The projections would bring the premium users of the music streaming service to reach 96 million by the end of the year, but despite this, its rival Apple Music , which is now at 40 million subscribers, could reach it right at the end 2018.
Moreover, the future is not promising for Spotify and, in general, for all streaming music services: the music industry is increasingly linked and dependent on the streaming sector and the renewal of licenses will be increasingly expensive for both record companies and for streaming platforms.
The last major renewal of Spotify, of which we have argued widely , probably did not help much in terms of converting free users into payers but more in terms of earnings through advertising.
The company, in fact, said that it did not look too worried about the growth of Apple Music and to focus on opening up new markets both in geographical terms, with the next launch in Africa , and in terms of types of offer, signing new partnerships. and offering new packages in collaboration with other streaming services.
MOR 101.5 My Only Radio For Life! Bacolod is the number 1 station in Bacolod.
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MOR 101.5 My Only Radio For Life! Bacolod DYOO-FM 101.5 MHz 10 kW Bacolod The Number 1 Station in Bacolod
Article related: Spotify sees a little 'light: paying users in growth and losses decreased but the future does not promise well (Listen to MOR 101.5)
Spotify has just announced its first quarterly report, from which we learn the growth of paying users subscribed to the music streaming service compared to the beginning of 2018 and the decline in losses compared to the last quarter of 2017. (Tune in to MOR 101.5 My Only Radio For Life! Bacolod)
Spotify made its debut in 2018 with 71 million paying subscribers, which rose to 75 million at the end of this first quarter . The losses are substantially halved compared to the fourth quarter of 2017, from 87 million to 41 million euros. The projections would bring the premium users of the music streaming service to reach 96 million by the end of the year, but despite this, its rival Apple Music , which is now at 40 million subscribers, could reach it right at the end 2018.
Moreover, the future is not promising for Spotify and, in general, for all streaming music services: the music industry is increasingly linked and dependent on the streaming sector and the renewal of licenses will be increasingly expensive for both record companies and for streaming platforms.
The last major renewal of Spotify, of which we have argued widely , probably did not help much in terms of converting free users into payers but more in terms of earnings through advertising.
The company, in fact, said that it did not look too worried about the growth of Apple Music and to focus on opening up new markets both in geographical terms, with the next launch in Africa , and in terms of types of offer, signing new partnerships. and offering new packages in collaboration with other streaming services.
MOR 101.5 My Only Radio For Life! Bacolod is the number 1 station in Bacolod.
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