More people pay for Apple Music than Spotify in the US now

More people pay for Apple Music than Spotify in the US now


According to a report in The Wall Street Journal, the battle between Apple and Spotify continues to escalate. "People familiar with the matter" revealed that Apple Music now has more paid US subscribers than Spotify—specifically, more than 28 million versus Spotify's 26 million as of February 2019.

Those sources also claim that Apple Music is expanding more rapidly in the US, at a rate of about 2.6 to 3 percent. Spotify's growth rate is reportedly 1.5 to 2 percent.

It's unlikely that Apple will claim this as a victory, because it, like Spotify, doesn't publicly break out regional subscriber counts. However, if the estimates are accurate, they show that US customers are embracing Apple Music as much as (and possibly more than) its Swedish competitor.

But the numbers in the report only reflect paid US subscribers. Spotify, which claimed 207 million active users globally in December, remains the leader of music streaming. Of those 207 million users, 96 million are paid subscribers or users currently in a trial that will lead to subscription.

Unlike Apple Music, Spotify has a free, ad-supported tier. Globally, Apple Music has 50 million paid subscribers; therefore, the numbers from this recent report show that more than half of Apple Music's subscriber count comes from the United States.

While Apple Music's growth doesn't spell incredible revenue gains for the company in comparison to its other efforts (it costs a lot to pay record labels, artists, etc), it's a sign that the company is moving in the right direction. Lately, Apple has shifted its strategy to creating and offering more services in an effort to offset sluggish iPhone sales. Apple's new TV streaming service TV+ and its gaming subscription service Apple Arcade will join Apple Music in the company's services portfolio when they launch later this year. The company already launched News+, a paid news and magazine subscription service available in the Apple News app. Read more




Questions?
Click here to chat with us

_