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Spotify Secures Rights to Booming Indian Music Market

  • Streaming service is said to launch as soon as first quarter
  • Swedish company seeks faster Asian growth to placate investors
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Photographer: Lionel Bonaventure/AFP via Getty Images

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The world’s largest music streaming service has secured deals with many of the major rights holders in India over the past few months, clearing one of its final hurdles to entering the country of 1.3 billion people, according to people familiar with the pacts.

Spotify Technology SA is preparing to introduce its service as soon as the first quarter of 2019, said the people, who asked not to be identified because the information isn’t yet public. Variety previously reported on the agreements, saying Spotify will launch in India within six months.