For the second time in four months, Spotify is hiking prices in South Africa – this time, though, there’s more value on offer.
Browsing: Spotify
OpenAI is hoping to drive the strong momentum it has enjoyed among consumers to its enterprise business.
Spotify founder-CEO Daniel Ek will step down to become executive chairman in January.
Spotify will raise prices as it invests in new features and targets a billion users, the Financial Times reported.
Music streamer services in South Africa have kept their prices relatively stable over the last two years.
Spotify is increasing the monthly price of its premium subscriptions in selected markets, including South Africa.
This may not be a Napster-scale issue yet — but the $20-billion music market is clearly vulnerable.
Spotify’s royalty payments to artists from South African and Nigeria spiked to around R1.1-billion last year.
The upgraded streaming service will include higher-quality audio, remixing tools and access to concert tickets.
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