Spotify is Live and Ready to Download in Japan – Can They Turn Second Largest Music Market from CDs to Streaming?

Spotify has launched in Japan!

Japanese consumers can now head to – https://www.spotify.com/jp

spotify live in japan mobile app

Japan will be a tough market for Spotify as its mostly CD sales. Japan is the second largest music market in the world and its great to see a new player entering music streaming as its expected that Japanese consumers will just directly from CDs into streaming.

Currently there are a few streaming players in Japan (such as Line and Rakuten) but they are still yet to really gain any traction. Enter the thousand pound gorilla!

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Tencent Music’s Q2 financial results show 47.1m paying music users

Tencent publish their Q2 financial results, showing very impressive subscriber, revenue and profit growth in 2020. Tencent Music Entertainment’s Q2 financial highlights are as follows: Online music paying users grew 51.9% year-over-year to 47.1 million,…