{"id":19113,"date":"2020-03-02T17:30:06","date_gmt":"2020-03-02T17:30:06","guid":{"rendered":"http:\/\/routenote.com\/blog\/?p=19113"},"modified":"2020-03-02T15:54:41","modified_gmt":"2020-03-02T15:54:41","slug":"streaming-service-akazoo-have-5-5-million-subscribers-and-44-million-users","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/streaming-service-akazoo-have-5-5-million-subscribers-and-44-million-users\/","title":{"rendered":"Streaming service Akazoo have 5.5 million subscribers and 44 million users."},"content":{"rendered":"<h4 style=\"user-select: auto;\"><span style=\"color: #3366ff; user-select: auto;\">During a recent financial filing, Akazoo published impressive Q3 2019 numbers, showing significant subscriber, user and revenue growth.<\/span><\/h4>\n\n\n<p><a href=\"https:\/\/www.akazoo.com\/\">Akazoo<\/a> is gaining popularity in emerging markets such as Eastern Europe and Latin America.<\/p>\n\n\n\n<p>Their premium user base is at 5.5 million subscribers, up 28% year-on-year. While its registered user base is at 44 million, up 18% for the same period the year before.<\/p>\n\n\n\n<p>The company also sees a healthy increase in revenue and profit. With revenue up 24% year-on-year, for close to \u20ac35 million ($38m), bringing in a net profit of \u20ac1.6 million.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>&#8220;We are pleased with the solid revenue and subscriber growth in the third quarter and first nine months of the year. Additionally, we are excited about being well capitalised following the closing of the equity financing late in Q3.&#8221;<\/p><cite>Apostolos Zervos, Founder &amp; CEO<\/cite><\/blockquote>\n\n\n\n<p><a style=\"user-select: auto;\" href=\"http:\/\/routenote.com\/blog\/akazoo-merges-with-modern-media-acquisition-and-raises-55-million\/\">This comes after the merger with Modern Media Acquisition and raising $55 million last year.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During a recent financial filing, Akazoo published impressive Q3 2019 numbers, showing significant subscriber, user and revenue growth. Akazoo is gaining popularity in emerging markets such as Eastern Europe and Latin America. Their premium user base is at 5.5 million subscribers, up 28% year-on-year. While its registered user base is at 44 million, up 18% for the same period the year before. The company also sees a healthy increase in revenue and profit. With revenue up 24% year-on-year, for close to \u20ac35 million ($38m), bringing in a net profit of \u20ac1.6 million. &#8220;We are pleased with the solid revenue and&#8230;<\/p>\n","protected":false},"author":9,"featured_media":17353,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[11230,12411,12410,5576,12408,98,10026,11231,550,12409,5580,1120,95,2381],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Streaming service Akazoo have 5.5 million subscribers and 44 million users. - RouteNote Blog<\/title>\n<meta name=\"description\" content=\"During a recent financial filing, Akazoo published impressive Q3 2019 numbers, showing significant subscriber, user and revenue growth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/routenote.com\/blog\/streaming-service-akazoo-have-5-5-million-subscribers-and-44-million-users\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Streaming service Akazoo have 5.5 million subscribers and 44 million users. - RouteNote Blog\" \/>\n<meta property=\"og:description\" content=\"During a recent financial filing, Akazoo published impressive Q3 2019 numbers, showing significant subscriber, user and revenue growth.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/routenote.com\/blog\/streaming-service-akazoo-have-5-5-million-subscribers-and-44-million-users\/\" \/>\n<meta property=\"og:site_name\" content=\"RouteNote Blog\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-02T17:30:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-03-02T15:54:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2019\/09\/Akazoo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"816\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tom Newman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/routenote.com\/blog\/#organization\",\"name\":\"RouteNote\",\"url\":\"https:\/\/routenote.com\/blog\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/routenote.com\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg\",\"contentUrl\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"RouteNote\"},\"image\":{\"@id\":\"https:\/\/routenote.com\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/routenote.com\/blog\/#website\",\"url\":\"https:\/\/routenote.com\/blog\/\",\"name\":\"RouteNote Blog\",\"description\":\"The World of Digital Music - 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