The Spotify playlist in India

Spotify is one of the last to enter the music streaming party here. Does its game plan make sense?

29 October, 201915 min
0
The Spotify playlist in India

Why read this story?

Editor's note: India has more than 10 music streaming companies competing against each other. But you’d be hard pressed to tell them apart.  The content is alike. A library of millions of songs, with the top 20-30 trending tracks driving about 70-80% of the consumption. Most, like Times Internet-owned Gaana or Reliance Industries’s JioSaavn, have the same freemium business model—part advertising, part subscriptions. The exceptions are the subscription-only Apple Music and Amazon Prime Music.  The Indian market, crowded as it is, is dominated by the two of the oldest local platforms, Gaana and JioSaavn. On the back of low pricing, pummelling marketing and a well-funded parent, Gaana became the first music streaming company to touch 100 million monthly active users in India in April, followed by JioSaavn.  In a market that itself touched 150 million unique users just last year, 100 million is a tough number to compete with. Even if you are the world’s largest streaming company.  When Spotify finally launched in India in February this year, it had its task cut out. The narrative was the same across all of …

You may also like

Business
Story image

Reliance’s battery plans run into a China wall

Mukesh Ambani’s $10-billion bet faces a harsh reality: much of the clean-energy stack still sits overwhelmingly in Chinese hands.

Business
Story image

Growth alone isn’t enough, Waaree needs to do more

The solar module maker’s investors want proof of its durability in the face of a leadership change and a costly push into energy storage.

Business
Story image

Conglomerates, duopolies and domination hamper India

The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.