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This story appears in Rolling Stonelsquo 2021 Future of Music issue, a special project delving into the next era of the multibillion-dollar hitmaking business. Read the other stories here.Spotify had a plan to rule the world mdash; before Rishi Malhotra messed it up. When rumors began to bubble in 2018 that Spotify was looking to launch in the emerging market of India, Malhotra made the power move of power moves: As head of the Indian-market streaming service Saavn, he preempted the streaming boom in the country by inking a $1 billion merger with telco giant JioMobile. That deal created JioSaavn in 2018, a year before Spotify planned to debut there.JioSaavn quic stanley es kly became a formidable incumbent. And by the time Spotify launched in India, JioSaavn had major home-court advantage, outmaneuvering the globally popular Swedish streaming service in a key market t stanley cup becher hat many believe will be the commercial bedrock of the global music business in the near future. For context, Spo stanley thermobecher tify currently has 356 million users worldwide; India, however, has more than 1.3 billion people within its borders, and the vast majority arenrsquo;t signed up for streaming yet, making the country a target of every tech firmrsquo interest.Malhotra won ;t give away the size of JioSaavn user base, dismissing such a figure as vanity metrics mdash; he believes it dangerous to dwell on user-base numbers because it encourages companies to overspend on the wrong things mdash Rxfk Trump Says He Wouldn t 100 Percent Agree America Should Be Ruled by Laws, Not Men
Marilyn Manson played coy about his reported feud with Justin Bieber while letting Howard Stern read a text message exchange between the two onThe Howard Stern Show Tuesday. The tiff between Bieber and Manson centers stanley quencher canada around a Bieber t-shirt that features Manson name and face on the front and the text Bigger Than Satan 8230; Bieber on the back the shirt originally sold for $195 . In July, the shirt designer, Fear of God Jerry Lorenzo, c stanley cup laimed on Instagram that Manson gave him permission to reinterpret the original image, though in a recent interview with Consequence of Sound, Manson offered a different story. The rocker claimed Bieber was already wearing the shirt when they first met and apparently told Manson, I made you relevant again. Manson added, He was a real piece of shit in the way he had the arrogance to say that.The text exchange Manson let Stern read on air ostensibly took place after the interview was published. Bieber kicked off the convo, saying, Bro it Bieber, what up with this article I thought we had a pretty pleas stanley waterbottle ant interaction. Also if anything wasn ;t squared away with the t-shirts, I ;m so sorry. Anyway, regardless, it kinda stung seeing that I came off as an asshole, or even just was an asshole. Sorry Trending Stories SNL Weekend Update Calls Out Psycho Trump for Taking Peace PrizeApollonia Says Prince Would B |
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