Average monthly streams of South Korean artists have grown more than 70% since Spotify launched its subscription product in the country in 2021

Spotify's free music and podcasts service option is now available in South Korea, the audio streaming platform said on Thursday, as it looks to widen its audience base.

Spotify says that the launch of its ad-supported tier in South Korea, the world’s seventh-largest recorded music market (IFPI), marks a significant milestone for the platform. According to Spotify,  the introduction of its free tier “opens an exciting new avenue for advertisers and brands in South Korea looking to reach a predominantly young,

Spotify has launched its ad-supported free tier in South Korea, giving users access to music and podcasts, while premium features remain reserved for paid subscribers.

Spotify (NYSE:SPOT) said its free music and podcasts service option is now available in South Korea, Reuters reported. The Luxembourg-based company's freemium business model offers a free, limited ad-supported service and an unlimited premium subscription service,