iWorld
Prime Video launches ‘Taking Guard: India’s Quest for Kiwi Glory’
Mumbai: Prime Video is all set to broadcast India men’s tour of New Zealand beginning from 18 to 30 November. Ahead of the tournament in New Zealand, the OTT platform has also launched a 6-part mini-series Taking Guard: India’s Quest for Kiwi Glory.
This mini-series is part of Prime Video’s special programming initiative around the upcoming series that starts on 18 November with the first T20I and concludes with the last ODI on 30 November.
The series explores India’s fabled rivalry with the Kiwis, going back to 1967, through archival match footage, sound bytes and graphics. The documentary moves seamlessly through varied themes chronicling India’s tour to New Zealand over the years. Former greats of the game, who lend their voice in telling this riveting story include Ravi Shastri, Ajit Agarkar, Danny Morrison, Simon Doull and Ian Smith. Harsha Bhogle, who has not only witnessed this rivalry from close quarters but has been the voice narrating the highs and lows from some of these matches from the commentary box, also talks about his experience.
“At Prime Video we are committed to super-serving our customers in India, providing on-demand access to the best in entertainment across formats, genres and language,” said Prime Video India head of sports Chaitanya Divan.
He added, “We are now excited to bring them the best in live sports and provide a new viewing experience of the much anticipated bi-lateral tour this November, between the two titans of the cricketing world – India and New Zealand.”
“Indians have a huge appetite for cricket and we are excited to present the new exclusive mini-series Taking Guard before India’s highly-anticipated tour to New Zealand in a few weeks. Featuring insights and analysis from cricketing legends, Taking Guard casts the spotlight on the rivalry between the two countries, which barely sees any baring of the teeth, snarling or heated moments on the field but is full of intense competition and peppered with mutual respect. We are excited and look forward to this contest between two terrific and evenly-matched sides and will announce a few more initiatives for cricket fans in the coming weeks as the action moves from Australia to New Zealand.” Divan added further.
iWorld
Spotify Q1 revenue hits €4.5bn as users cross 760 million globally
Subscriber growth and margins rise as platform bets big on AI and discovery
LONDON: Spotify has kicked off 2026 on a strong note, reporting first-quarter revenue of €4.5 billion, up 14 per cent year-on-year in constant currency, as its global user base swelled past 760 million.
The streaming giant said monthly active users rose 12 per cent year-on-year to 761 million, while premium subscribers climbed 9 per cent to 293 million. The steady rise in both free and paid users signals continued demand for its expanding mix of music, podcasts and audiobooks.
Profitability also struck a chord. Gross margin improved by around 140 basis points to 33 per cent, marking one of the company’s strongest first-quarter performances to date. Operating income reached €715 million, comfortably ahead of expectations.
Spotify co-CEO Alex Norström said, “We surpassed 760 million MAU, delivered on the subscriber growth we aimed to achieve, and saw healthy engagement from existing users, reactivations and new users alike.” He added that increased listening and viewing activity in key markets such as the United States reflects confidence in sustained growth and low churn.
The company’s other co-CEO, Gustav Söderström, pointed to long-term ambition, saying the platform’s scale, creator ecosystem and investments in personalisation are opening up “new growth vectors” across formats and user engagement.
Revenue growth was largely driven by the premium segment, which rose 10 per cent to €4.1 billion, supported by price increases and stable average revenue per user of €4.76. However, the ad-supported business saw a 5 per cent dip to €385 million, though it still posted a modest 3 per cent increase in constant currency terms.
Cash generation remained robust, with free cash flow at €824 million for the quarter and €3.2 billion over the past 12 months. The company also benefited from lower-than-expected operating expenses, including €49 million in reduced social charges linked to share-based compensation.
Beyond the numbers, Spotify is leaning into product innovation. New AI-driven features such as “Taste Profile” and “Prompted Playlist” aim to give users more control over recommendations, while tools like “SongDNA” and “About the Song” deepen music discovery. The platform is also expanding audiobook charts in the United States and United Kingdom to boost engagement in newer formats.
Looking ahead, Spotify expects momentum to continue into the second quarter, forecasting 778 million monthly active users, 299 million subscribers, revenue of €4.8 billion and operating income of €630 million.
With €8.8 billion in cash and 7,258 employees, the company appears well-positioned to keep its growth story in rhythm as competition in digital entertainment intensifies.
