YouTube's paid services outpace Spotify, local rivals in India market
YouTube
has signed up more than 800,000 subscribers for its paid services in
India since debuting in March, according to people familiar with the
matter, vaulting it past competitors in one of the world’s
fastest-growing media markets.
The
services are growing faster than rival paid music offerings in India,
including Spotify and local players Gaana and JioSaavn, according to
the people, who asked not to be identified because the subscriber
data hasn’t been released. The one paid service that could have
more users than YouTube is Apple Music, which has been tight-lipped
about its subscriber figures.
YouTube
has long struggled to to gets users to pay for its services,
especially since the company’s main website is synonymous with free
videos. But the Google division has started to gain traction, and the
numbers out of India suggest it’s having particular success in the
world’s second-most-populous country.
YouTube
sells two paid services in India:
YouTube Music Premium and YouTube Premium. The music service offers a
library of songs on-demand, much like Spotify, as well as the ability
to download tracks, listen to music without ads and play tunes while
using other apps. YouTube Premium offers the traditional YouTube
video service without ads--and the ability to play clips offline. But
music is the driving force behind YouTube’s appeal, especially in
India. Read
More
Comments
Post a Comment