Spotify and Hulu Team Up for Joint $12.99 Subscription Plan

INTRODUCING Resonate’s Global Asian Spotify Playlist Resonate Team10 April 2018FeaturesMusicNews0 Comments

While we could sit here and argue the merits of streaming services and how it is cutting into the profits of musicians and changing the entire industry for the worse, we'll just skip right past that today and focus on news coming from streaming service Spotify and their paid offering, Spotify Premium. It will give subscribers access to ad-free music on Spotify Premium, as well as the more than 75,000 film and TV titles on Hulu's basic, ad-supported service.

The labels scored one victory previous year in the latest round of negotiations, convincing Spotify to let artists delay the release of new works on the free service. This is first big change in the product ever since the company went public last week.

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The report adds that the revamped service will allow free listeners to access playlists faster and have more control over what songs they hear on top playlists. Sony Interactive Entertainment announced that the price for Spotify Premium on PlayStation Music has been slashed for active PlayStation Plus subscribers.

Spotify is in a critical position now that it's gearing up to become a publicly traded company. The free users are crucial for Spotify's business because they're the ones who can be converted into paying users later on. The discount will apply for as long as you are subscribed taking £1 a month off the standard subscription charge of £9.99.

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Looking to use that Spotify app on your PlayStation 4? Thus far this model has worked well. Spotify is Apple Music's biggest rival in the USA, and the music streaming service looks to take on the recently launched Amazon Prime Music among others in the Indian market.

The company hopes to balloon its user base to 200 million by the end of this year, and it forecasts 96 million of those will be paid subscribers. The company had a whopping 157 million users by the end of 2017, 71 million of which are premium users. Technology giants Amazon.com Inc., Apple Inc. and Alphabet Inc. are all vying for a larger share of the music subscription market.

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