Popular music streaming service Spotify will appear in Russia this summer. About it writes RBC with reference to analysts of Sberbank CIB.
Sources report that the cost of a monthly subscription is 150 rubles, which is slightly cheaper than the competitors that have already entered the Russian market subscribe to «Yandex.Music» Apple Music and Google Play Music is 169 rubles a month.
Initially, the developers planned to release service in Russia this spring, tentatively in may, but the date was extended because of the conflict with the owners. The app has already started to partly switch to Russian language: translation of some interface elements, error messages, and so on.
Today Spotify used in 79 countries around the world. In the fourth quarter of last year, the average monthly audience platform was 207 million users and 96 million of which were Premium accounts, and revenues for the entire 2018 5,259 billion euros.