03:12 PM EDT, 10/10/2024 (MT Newswires) -- Spotify Technology ( SPOT ) has launched the free tier of its music and podcast service in South Korea, Reuters reported Thursday, citing the company.

Users in South Korea are now able to register for a free account to enjoy Spotify's ( SPOT ) playlists, podcasts, and daily mixes, among other features, and may also decide to opt for a premium, ad-supported music service, according to the news outlet, citing the company.

The company reportedly said the move will allow them to more effectively link audiences worldwide with Korean music, especially K-pop.

Spotify ( SPOT ) did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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