Spotify, the most popular music streaming platform is finally coming to Nepal. The company stated that it will operate in 85 new markets including Nepal, Pakistan, and Bangladesh. In addition to this, the company stated that it had added support of 36 new native languages supporting straggling 60 native languages around the globe. Users of the new markets can stream its full global music catalog along with major podcast catalogs.
Spotify founder and CEO Daniel Ek officially confirmed the inclusion of Nepal and other New countries and territories through Spotify’s live streaming event on Monday. With the recent market expansion, Spotify will be officially operated in 170 countries and territories around the globe. It will serve a whopping 1 billion users and will work with local rights holders and partners to increase its local offerings. During the stream, Spotify unveiled a Milty year podcast deal with DC comics along with a podcast with former us president Barack Obama. Spotify will provide both the free and premium plans in the new markets and it also offers individual, family, duo, and student plans too.
Potential Impact on Nepalese Music Industry
The official launch of Spotify in Nepal is a very welcoming move from the music streaming giant. Nepalese music creators will be the ones most benefited by the official launch of the streaming services in Nepal along with the listeners. Nepalese music creators have already uploaded tons of albums to the Spotify library even before its inception in Nepal but they have to go through various hassles in doing so. But those hassles will be eliminated after the official launch. Nepalese artists can release the album, track which of their songs are performing best, and even learn how fans are discovering and listening to their music around the world. The stats provided by Spotify can help artists run promotional campaigns and provide exposure to global audiences. Artists can even generate handsome revenue from their titles. In a nutshell, the whole Nepalese music industry will benefit after the official launch of the biggest music streaming platform.