0
Broadband

Swedish interest in Spotify shares reflects uptake of subscriptions

Wednesday 4 April 2018 | 13:07 CET | News
Swedish consultancy Mediavision said 14 percent of Swedes are interested in investing in the newly listed Spotify share, according to Swedish online stockbroker Nordnet. It attributed this high level of interest to by country's general interest in digital media, as 26 percent of all Swedish homes subscribed to at least one music streaming service in the fourth quarter of 2017. This compared to 11 percent in the US, according to the Recording Industry Association of America, Mediavision added.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Countries: Sweden
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Nordic online daily video reach grows 9% in spring to 8.6 mln viewers, original output supports local players

Published 16 May 2018 13:38 CET | Scandinavia
Swedish consultancy Mediavision said in its bi-annual report Nordic Video Insight that online video daily reach has grown by 9 ...

Zweden tonen interesse in aandeel Spotify

Published 04 Apr 2018 14:52 CET | Sweden
Het Zweedse consultancybedrijf Mediavision meldt dat 14 procent van de Zweden zou willen investeren in streaming muziekdienst ...

Spotify shares close higher in first day of trading, Sony reduces stake

Published 04 Apr 2018 09:35 CET | World
Spotify's shares gained nearly 13 percent from the reference price in its first day of trading in New York. The closing price of ...

Spotify reference price set at USD 132 per share

Published 03 Apr 2018 11:13 CET | World
The reference price is not an offering price for the shares, nor is it the opening public price. The latter will be determined by ...

Telia sells Spotify stake with 2.4x return on purchase price

Published 30 Mar 2018 12:29 CET | World
Telia Company said that it has gradually divested its entire holding in Spotify to institutional investors for USD 272 million or ...

Spotify guidance disappoints, as YouTube prepares to step up the competition in music market

Published 29 Mar 2018 16:23 CET | World
Spotify has issued guidance for its Q1 and 2018 results, ahead of its stock market listing on 03 April. What's the outlook for ...

Spotify forecasts at least 30% growth in subscribers in 2018

Published 26 Mar 2018 16:26 CET | World
Spotify has released a financial outlook for Q1 and 2018, ahead of its listing on the stock market in early April. The company ...

Streaming platforms account for two-thirds of US music revenue

Published 23 Mar 2018 13:50 CET | United States
US music industry revenues rose significantly for the second consecutive year to USD 8.7 billion in 2017, up 17 percent on the ...

Nordic media consolidation set to continue as US VoD firms still dominate in Q4

Published 06 Feb 2018 15:39 CET | Sweden
Swedish consultancy Mediavision predicts more consolidation on the local VoD market, which is still dominated by US operators ...





Calendar   /   Industry Events

20 Aug Africa Peering and Interconnection Forum
22 Aug Vocus FY results
22 Aug Sky NZ FY results
22 Aug Sunrise Q2 2019
22 Aug VMware fiscal Q2
22 Aug China Telecom H1 2019
23 Aug Mobilezone H1 2019
25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
27 Aug Partner Communications Q2 2019
27 Aug Ooma Q2 2019
27 Aug MNF Group FY results
27 Aug ZTE H1 results
27 Aug Hewlett Packard Enterprise fiscal Q3
27 Aug Aviat Networks fiscal Q4
27 Aug Tamedia H1 2019
27 Aug Connected Health Summit
29 Aug Tele Columbus Q2 2019
29 Aug Dell Technologies fiscal Q2
29 Aug Bouygues Telecom Q2 2019
29 Aug Cyfrowy Polsat Q2 2019
29 Aug Tech Data fiscal Q2
29 Aug Marvell Technology fiscal Q2
29 Aug Axiata Q2 2019
29 Aug Tele Columbus AGM
::: More Calendar Items