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Indonesia introduces 10% VAT on Amazon, Google, Netflix and Spotify

2020-07-10 08:56:00| Telecompaper Headlines

(Telecompaper) Indonesia has introduced a digital CAT services tax on Amazon Web Services, Google Asia Pacific, Google Ireland, Google, Netflix International, Spotify, The Register reports. These companies will be required to collect a 10 percent tax on top of their charges and remit the funds to Indonesia's Direktorat Jenderal Pajak (aka the Directorate General of Taxes).

Tags: google amazon indonesia vat

Spotify inks exclusive podcast deal with DC Comics and Warner Bros

2020-06-19 09:52:00| Telecompaper Headlines

(Telecompaper) Warner Bros Digital Networks (WBDN) will manage the business and strategy related to the partnership. Warner Bros Television Group's digital studio, Blue Ribbon Content (BRC), will oversee the creative relationship and co-develop and produce the programming together with Spotify, which will be responsible for the marketing, advertising, and distribution of the shows on its platform.

Tags: deal exclusive podcast comics

Over half Dutch use Spotify, incl more than 80% of young people

2020-06-12 10:31:00| Telecompaper Headlines

(Telecompaper) Around half Dutch consumers use Spotify, more than twice as many as in 2013. This rises to eight in ten young people, research by the Telecompaper Consumer Insights panel shows.

Tags: people half young dutch

Spotify beats outlook again for subscriber growth, Q4 revenues grow 24%

2020-02-05 13:16:00| Telecompaper Headlines

(Telecompaper) Spotify reported 271 million monthly active users at the end of 2019, up 31 percent over the year and better than the group's forecast. With MAU growth accelerating the past three quarters and strong take-up of its expanding podcast offer, the company said it's confident in its future growth prospects. However, it will continue to invest in 2020 and forecast a bigger operating loss for the year.

Tags: growth grow outlook revenues