Spotify Secures Deals with T-Series and Others as It Plans Early 2019 Launch in India

Spotify seems to be closing in on the Indian launch, as the company is said to have signed deals with many of the major rights holders in the country over the past few months.

This news comes hot on the heels of the report earlier this week, noting that the company wouldenter the Indian market within the next six months.

According toBloomberg, Spotify has inked deals with many, but not all, music labels in the country.

Bhushan Kumar, the managing director ofrecord label T-Series, has confirmed that T-Series is working closely with Spotify. Speaking toET, Kumar said,“We are in the final stages of negotiations for a two-year deal. Our music will be available in the international markets on Spotify in the first quarter and later in India, when they launch here.”There’s no info about the other music labels, but I am sureT-Serieswon’t be the only one.

Ever since Spotify’s co-founder and CEODaniel Ekcalled India a “major market” and revealed his plans to launch the service in the country, there’s been a lot of excitement about developments. Previously, the company added a country head, and also established a HQ in Mumbai, while hiring over 300 employees.

Yes, Spotify hasfaced some tough challenges on its way, but it looks like things are finally falling into place. That being said, though, I am a little skeptical about the number of people who’ll be willing to pay for music. That’s mainly because there are a lot of well-established services out there like Google Play Music,Amazon Prime Music, Apple Music, Gaana, andJioMusic-Saavn, not to mention the free ad-supported services like Wynk Music.

Personally, I am very excited for Spotify’s launch in the country, but I’d like to know if you would be willing to pay for the premium experience of Spotify. Let me know by dropping a comment down below.

Karthik Iyer

Karthik is a Contributing Author for Beebom. Be it mobile devices, laptops, etc. he brings his passion for technology wherever he goes. When he’s not dwelling on the latest tech, you can usually find Karthik wasting time on Instagram or feeding his incessant obsession for video games.

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