Amazon Music has “gazillions” of paying users with numbers for Amazon Music Unlimited subscriptions doubled in the past six months, according to Steve Boom, VP Of Music. All Amazon Prime s…
Spotify is expecting to close out 2018 with 100m paying subscribers
Spotify reveals how its year looks. The biggest news being the prediction of the year closing out with 198-208 million active users of which 92-96 million paid ones. …
Apple Music Subscribers over 36M
Worldwide Apple Music subscribers count over 36m – a figure half that of Spotify’s equivalent premium audience (more than 70m). …
Spotify has exceeded the 70m mark in paying customers
More than 10m subscribers have been added to Spotify’s service over the past five months – resulting in a milestone of over 70m in paying customers. In March 2017 Spotify’s customer base h…
Apple Music can now boast 27 million paid subscribers
Apple announced during its WWDC 2017 conference that Apple Music now has 27 million paid subscribers. Apple already had 20 million subscribers back in December, 2016, marking a 35% stats increase in 6…
Some music restriction to paying subscribers alone by Spotify
Spotify, in a major shift in its service, is about to make some music available to paying customers alone. Spotify dominates the music streaming industry with the largest paid user-base, with a report…
YouTube tremendous growth
“YouTube remains the premier destination for online video globally and is seeing tremendous growth”, said Sundar Pichai, Google CEO, on the YouTube’s performance on 2016. “At the heart of YouTub…
Spotify is planning its own music hardware, voice control
Two jobs listings point to a major expansions of Spotify’s ambitions to include music hardware with voice control. While details are scarce, they hint at a wearable device “akin to Pebble …
Amazon might launch its streaming music service in India
The Economic Times has reported that Amazon is most certainly getting ready to take India by storm early next year with the launch of its streaming music service. Numerous production firm executives h…
Subscribers are driving music growth
Recent trends in the music industry clearly indicate towards the fact that streaming services are the key contributing drivers in the digital music market. Subscription based streaming services are gaining popularity due to the ease of operations that is involved. Apple Music, Spotify and other various other streaming services have more than 30 million subscribers in the US, with over 100 million subscribers worldwide as of last year. More than half of the revenue from the music industry is now coming from all the streaming platforms and the growth of the subscribers is exponentially moving upwards.
Streaming music is breaking free from the restrictions of our laptops and mobile phones. Also with the introduction of smart home speaker systems like Google Home and Amazon Echo, more people are adopting to these, for playing their playlists over streaming platforms, making the outlook of considering music like a periodic utility a more sensible source. These are being supported by the idea of cheaper family subscription plans as well.
The major reason why streaming services are increasingly being preferred by so many people as their ultimate source of listening to music is that they are able to access the songs of their favorite artist with having to worry about the storage space to keep their downloaded music and also not have to worry about the time it takes to get one song. They are simply creating playlists and listening to their preferred music on the go.