Apple Music on pace to overtake Spotify in number of paid subscribers this year | iLounge News

News

Apple Music on pace to overtake Spotify in number of paid subscribers this year

Apple Music is on pace to overtake Spotify in paid subscribers this year, The Wall Street Journal reports. Spotify is seen to be the dominant force in music streaming, but many of its users aren’t paid subscribers and limit their use to the free, ad-sponsored service. Sources in the record industry said Apple Music has been adding subscribers at a five percent monthly rate, compared with Spotify’s two percent rate. If those rates remain the same, Apple Music will outpace Spotify by this summer, and is already ahead if users on Apple Music’s three-month free trial are taken into account. Apple confirmed that it currently has 36 million paying customers.

Comments

Related Stories

Subscribe to iLounge Weekly

Sign up for the iLounge Weekly Newsletter

iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond.
iPod, iPhone, iPad, iTunes, Apple TV, Mac, and the Apple logo are trademarks of Apple Inc.
iLounge is © 2001 - 2018 iLounge, Inc. All Rights Reserved. Terms of Use | Privacy Policy