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Spotify is already the most well known music streaming service in most important markets and it's looking to widen the gap. Spotify has faced hurdles as it has attempted to enter the marketplace in India, which includes record labels threatening to withhold rights in the region following Spotify's attempt to license music straight from artists. Despite getting a lot more than 80 million paid subscribers, the enterprise continues to lose money and its stock cost has steadily declined over the last 3 months. It also might be critical to the company's future to succeed in the region. The business has previously supplied 30 days of free, full access when launching in new markets. The Swedish tech firm has reportedly secured offers with many of the biggest music rights holders in India over the final few months, according to Bloomberg. It will be accompanied by an extended free trial period. It also introduced 60 day no cost trials in particular circumstances earlier this year. If you invest in one thing via one particular of these hyperlinks, we may possibly earn an affiliate commission. All products advised by Engadget are selected by our editorial group, independent of our parent company. Some of our stories contain affiliate hyperlinks. Those troubles appear to have been resolved, and Spotify is now gearing up for an official launch. That news comes hot on the heels of a Assortment report that the company plans to launch in the country of 1.3 billion people today within the subsequent six months. Extending its service to India is a main chance for Spotify, as the country is deemed one of the quickest-increasing music markets.
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