What you need to know
- Apple Music and Spotify continue to grow at an impressive pace.
- Both added over one million U.S. subscribers per month in the first half of 2019.
- The streaming services now account for 80% of the music industry's revenue.
Apple Music and Spotify are the two leading music streaming services and they aren't going anywhere anytime soon. According to the Recording Industry Association of America (via The Wall Street Journal), each added over one million U.S. subscribers per month in the first half of 2019.
The two streaming services now account for 80% of the total music industry revenue in the United States. Music revenue in the U.S. rose 18% to $5.4 billion in the first half of 2019, with most of that growth coming from paid streaming services.
Music streaming revenue—which includes paid subscriptions and ad-supported options—rose 26% to $4.3 billion in the same time period. Leading the charge are paid subscriptions ($3.3 billion to be exact), but ad-supported streaming services continue to grow with Spotify and YouTube's free tier driving 25% growth from year-over-year to $427 million.
Last time figures were revealed, Spotify led the subscribers battle with over 100 million worldwide while Apple broke 60 million subscribers.
To continue the rapid growth, the two are rolling out alluring initiatives. Spotify recently launched its refined Spotify Lite app that uses less data and occupies less memory.
Apple Music just launched a web player that's now available to everyone and recently announced a partnership to bring the service directly to Porsche's newly announced Taycan EV sports car.
Apple Music is Apple's massive music service, comprising a subscription music catalog, iCloud Music Library syncing across your devices, Apple Music 1, Apple Music Hits, and Apple Music 1 radio live and algorithmic radio, customized playlists, and more artist exclusives than you can shake a stick at.
We may earn a commission for purchases using our links. Learn more.
FAQ: TikTok & WeChat ban — why it’s happening and what it means for you
Are TikTok and WeChat really being banned? When does all of this take effect? Will I still be able to use these apps? All this and more answered in our FAQ regarding the latest U.S. orders.
Here's everything we know about the iPhone 12 so far
With the iPhone 12 reportedly just weeks away, here's everything we currently know about Apple's next flagship lineup!
Here's where to find all 120 Stars in Super Mario 64
There are hundreds of Stars hidden around and throughout Princess Peach's castle in Super Mario 64. Here's where you'll find them all.
All the Nintendo Switch accessories for Animal Crossing fans
Animal Crossing: New Horizons is finally out on Nintendo Switch. Go all out with your Animal Crossing love with these adorable-themed accessories.