![]() ![]() Russia is known to host many sites offering copyrighted media (including music) free of charge, so getting Russians to pay for access to content is a challenge on its own even without massive competitors such as Spotify looking to enter the market. ![]() A spokesperson likens Zvooq to a combination of Spotify and iTunes, however, as users are able to stream tracks for free and subscribe for ad-free access, but also to purchase songs and albums à la carte. Zvooq offers fully-licensed music services with a catalog of over 15 million songs from over 500,000 artists and and 25,000 labels today. The news comes as Spotify is reportedly gearing up to launch its music subscription service in Russia in the coming months. Russian digital music streaming service provider Zvooq is today announcing a $20 million Series A financing round led by online retail giant Ulmart, with participation from Helsinki-based private equity firm Essedel Capital. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |