Music Business News: Chile Analysis News Spotify says it can hit 1bn users globally by 2030. But its MAU growth is slowing in Latin America.MBW analysis shows that Spotify's LatAm MAU growth was smaller in 2021 than it was in 2020 News Hi-Res music service Qobuz expands into Latin America and PortugalQobuz is now available in 25 countries News PortalDisc App is a new a ‘hyper-localized and hyper-targeted’ music streaming service in ChilePlatform offers 130,000 Chilean songs from 300 national labels and more than 7,000 independent artists, News Music startups saw funding levels sink by 67% in 2020 (report)Funding for music startups fell from over $1bn in 2019 to $328.9m last year News Spotify users in Santiago, Chile are responsible for 400m reggaetón streams on the platform each monthListeners in Santiago are responsible for 10% of the world's reggaetón streams News Spotify expands pilot of Premium Duo plan into 14 new Latin American countriesPlan is available in all Latin American countries that have Spotify except for Brazil News Music launches on Facebook and Instagram across 15 countries in Latin AmericaAdditional countries are Colombia, Chile, Peru, Ecuador, Bolivia, Venezuela, Guatemala, Uruguay, Paraguay, Honduras, Costa Rica, El Salvador, Dominican Republic, Panama and Nicaragua News Independent labels set for $60m payout from Latin American streaming services in 2018Merlin members' earnings from Latin America increase five fold in three years thanks to streaming
Analysis News Spotify says it can hit 1bn users globally by 2030. But its MAU growth is slowing in Latin America.MBW analysis shows that Spotify's LatAm MAU growth was smaller in 2021 than it was in 2020
News Hi-Res music service Qobuz expands into Latin America and PortugalQobuz is now available in 25 countries
News PortalDisc App is a new a ‘hyper-localized and hyper-targeted’ music streaming service in ChilePlatform offers 130,000 Chilean songs from 300 national labels and more than 7,000 independent artists,
News Music startups saw funding levels sink by 67% in 2020 (report)Funding for music startups fell from over $1bn in 2019 to $328.9m last year
News Spotify users in Santiago, Chile are responsible for 400m reggaetón streams on the platform each monthListeners in Santiago are responsible for 10% of the world's reggaetón streams
News Spotify expands pilot of Premium Duo plan into 14 new Latin American countriesPlan is available in all Latin American countries that have Spotify except for Brazil
News Music launches on Facebook and Instagram across 15 countries in Latin AmericaAdditional countries are Colombia, Chile, Peru, Ecuador, Bolivia, Venezuela, Guatemala, Uruguay, Paraguay, Honduras, Costa Rica, El Salvador, Dominican Republic, Panama and Nicaragua
News Independent labels set for $60m payout from Latin American streaming services in 2018Merlin members' earnings from Latin America increase five fold in three years thanks to streaming