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YouTube Music Threatens Melon's Top Spot in Korea

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Spotify Listeners Lose K-Pop Tunes From Kakao M After Deal Talks Fail Variety 3/1/2021 Spotify users worldwide will no longer have access to music tracks from K-pop acts represented by Kakao M, an offshoot of Korean internet giant Kakao Corp. The global music streamer’s deal with the label has expired and has not been renewed. “Spotify can confirm that starting March 1, 2021, Kakao M’s catalogue will no longer be available to our listeners worldwide due to the expiration of our license. We have been working with Kakao M over the last year and a half to renew the global licensing agree...

By Chae Yun-hwan SEOUL, Feb. 14 (Yonhap) -- Spotify Technology SA, which opened its service in South Korea early this month, is expected to face fierce competition in the music streaming market currently dominated by local players. While the Swedish company is one of the top audio streaming services in the world, with 345 million users across 93 markets, it is up against established homegrown services in South Korea -- the sixth-largest music market in the world -- such as tech giant Kakao Corp.'s Melon, Genie Music under telecom operator KT Corp. and rival carrier SK Telecom's Flo. As of ...

Spotify set for uphill battle in South Korea Posted : 2021-02-14 13:16 Updated : 2021-02-14 16:43 Spotify, which has more than 320 million listeners worldwide, launched its service in South Korea on Feb. 2. Courtesy of Spotify Spotify Technology SA, which opened its service in South Korea early this month, is expected to face fierce competition in the music streaming market currently dominated by local players. While the Swedish company is one of the top audio streaming services in the world, with 345 million users across 93 markets, it is up against established homegrown services in South...