Netflix says its ad-supported tier has increased to 15 million global monthly active users a year after the plan’s launch. Netflix on Wednesday said its ad-supported tier has increased to 15 million global monthly active users a year after the plan’s launch, triple the amount that the Los Gatos, Calif.-based streaming video giant disclosed in May. Monthly active users would …
On Wednesday night, Park Ji-min, one of the seven members of the record-breaking South Korean music band BTS posted this message online. “Many newer fans, especially the BTS ARMY, spend a lot on in-app purchases such as special online concerts, stickers or themes that they can use in the app," says Sanjay Ramjhi, founder of The K-Wave India, one of …
Swedish music streaming giant Spotify, in its earnings report yesterday said that it now has 158 million premium subscribers and 356 million monthly active users. This makes for a 21 percent year-on-year increase in premium subscribers and a 28 percent increase in monthly active users. Spotify’s growth comes as the company is focusing on podcasts as a way to convert …
Global consumer spending on apps across Apple App Store and Google Play reached $32 billion in the first three months of 2021 alone, according to data by app analytics firm App Annie. The smartphone app ecosystem showed tremendous growth last year, and weekly time spent on apps grew over 20% in the first three months last year. Short-video app TikTok …