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Spotify Announces Plans To Launch in 85 New Markets

Spotify Announces Plans To Launch in 85 New Markets. Spotify announced plans to launch in 85 new markets over the next few days, areas that represent more than 1 billion potential new listeners, according the company. “Having more listeners on our platform creates more opportunities for artists and podcasters to make a living from their work. And more creators means more audio content for our users to discover. This creates an essential flywheel between creators and listeners that is the foundation of our business — and in the end, it is what will propel the audio industry forward.” said Alex Norström, Spotify’s chief premium business officer told Yahoo Finance.

As of the fourth quarter of 2020, Spotify reported 345 million total monthly active listeners (up 27% for the year), including 155 million Premium subscribers (up 24%). The service offers more than 70 million individual tracks, including over 2 million podcast titles.

Here’s the full list of 85 new markets Spotify is launching in: Angola, Antigua and Barbuda, Armenia, Azerbaijan, Bahamas, Bangladesh, Barbados, Belize, Benin, Bhutan, Botswana, Brunei Darussalam, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Chad, Comoros, Côte d’Ivoire, Curaçao, Djibouti, Dominica, Equatorial Guinea, Eswatini, Fiji, Gabon, Gambia, Georgia, Ghana, Grenada, Guinea, Guinea-Bissau, Guyana, Haiti, Jamaica, Kenya, Kiribati, Kyrgyzstan, Lao People’s Democratic Republic, Lesotho, Liberia, Macau, Madagascar, Malawi, Maldives, Mali, Marshall Islands, Mauritania, Mauritius, Micronesia, Mongolia, Mozambique, Namibia, Nauru, Nepal, Niger, Nigeria, Pakistan, Palau, Papua New Guinea, Rwanda, Samoa, San Marino, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Solomon Islands, Sri Lanka, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Tanzania, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tuvalu, Uganda, Uzbekistan, Vanuatu, Zambia and Zimbabwe.

Spotify is a Swedish audio streaming and media services provider, launched in October 2008. It was founded by Daniel Ek and Martin Lorentzon, the platform is owned by Spotify AB, a publicly traded company on the New York Stock Exchange since 2018 through its holding company Spotify Technology S.A. based in Luxembourg. Spotify’s global headquarters are in Stockholm, Sweden and corporate Headquarters in New York City.

By Thomas Chiothamisi

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