Support The Moscow Times!

Spotify Expands to Russia and Eastern Europe

Spotify said Russia is the 17th largest market for streaming. Frank MAy / DPA / TASS

Music streaming giant Spotify announced Tuesday it was launching its service in Russia and 12 other countries around Eastern Europe.

Spotify would become available to users immediately, according to a statement, which added that the Swedish streaming service was now accessible in 92 markets.

In addition to Russia, Spotify was rolling out in Albania, Belarus, Bosnia-Herzegovina, Croatia, Kazakhstan, Kosovo, Moldova, Montenegro, North Macedonia, Serbia, Slovenia and Ukraine.

"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," Gustav Gyllenhammar, VP for Markets and Subscriber Growth, said in a statement.

Spotify said Russia is the 17th largest market for streaming, and is growing at a pace that would see it reach number 10 by 2030.

Spotify has been relatively unaffected by the Covid-19 pandemic and even returned to profit in the first quarter of 2020.

In late April the music platform reported 286 million active users, of which 130 million were paying subscribers.

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more